22.11.2016 - Tough challenges ahead for incoming GIC chief
The appointment of seasoned investor Lim Chow Kiat as the chief executive officer of GIC comes as the Singapore sovereign wealth fund is facing a slower rate of returns. And a range of challenges lies ahead for Mr Lim, given the increasing volatility across the world. "We still don't really know what the fallout from Brexit is going to be like, and we are still speculating about the impact of a Trump presidency on global markets, including Singapore," said CIMB Private Bank economist Song Seng Wun.........................................Full Article: Source
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