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…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Chinese tourists are again embracing international travel
Abu Dhabi raises US$5 billion with first eurobonds in three years
Thailand’s 500 billion baht handout aims to boost overall economy, not geared to poor: official
German business sentiment rises more than expected in April: Ifo
Indonesia’s central bank surprises with “pre-emptive” rate hike to cushion falling rupiah
Prabowo’s aide says Indonesia doesn’t need another rate hike