Government of Singapore Investment Corporation has a rough year, just like other SWFs

Posted on 09/29/2009


According to the report, “In recent years, GIC had sought to construct a diversified multi-asset class portfolio by increasing alternative investments such as private equity and real estate. However, this diversification was ineffective in the financial earthquake that occurred last year. The portfolio suffered a loss of more than 20% in Singapore dollar terms in […]

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