Risk-reward outcome is key, crisis or not: GIC

Singapore

NO ONE can predict how bad the next financial crisis will be; neither can anyone say for sure if the market will see a repeat of the Global Financial Crisis (GFC), which began to unfold more than 10 years ago in the summer of 2007.

For GIC, the world's eighth biggest sovereign wealth fund with US$390 billion (S$467 billion) of assets under management, what is key is for the manager of Singapore's reserves to be always mindful of the risk-reward outcome when deciding on investments.

Asked about the level of caution he now feels, compared to befo…