01.08.2011 - GIC shifts allocations
Singapore sovereign wealth fund GIC has announced that emerging-market equities accounted for 15% of its portfolio as of March 31, up from 10% a year earlier. Equities in developed markets fell to 34% of its portfolio from 41% during the same period. Fixed income accounted for 22% of GICís assets on March 31, up from 20% a year earlier..............................................Full Article: Source
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