Singapore’s GIC refines investment approach
GIC Private, the Singaporean sovereign wealth fund, has recalibrated its investment framework, splitting its portfolio into three strategies intended to strike a balance between its risk and return expectations, long-term investment objectives and desire for a degree of short-term flexibility.
The revised framework - the product of GIC's second major review since its inception in 1981 - was implemented in April and explained in the sovereign fund's 2012-2013 annual report, released last Friday....
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