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GIC took correct view of developed market equities
Lawrence Wong takes question on GIC missing out on "the surge in DM equities within last 5 years"
Published Tue, Nov 7, 2017 · 09:50 PM
Singapore
AS a long-term player, GIC was correct to take a conservative view and reduce its exposure to developed market equities in recent years, said Second Minister for Finance Lawrence Wong in Parliament.
He was responding to questions from Non-Constituency MP Leon Perera who questioned GIC's decision to cut its allocation to devel…
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