26.07.2011 - GIC's returns get a lift from recovering equity markets
A further recovery in the equity markets and a shift towards faster-growing emerging markets helped lift the investment returns of the Government of Singapore Investment Corporation (GIC). This allowed GIC - which manages more than $100 billion of Singapore's foreign reserves - to improve on its central objective: to achieve good long-term returns to the Government, above the rate of global inflation..............................................Full Article: Source
Print