GIC is world's third most influential and powerful asset owner
Angela Tan
Singapore
SINGAPORE sovereign wealth fund GIC has made a dramatic ascent to became the world's third most influential and powerful asset owner after two large US pension funds.
Led by chief executive officer Lim Chow Kiat, GIC is now third in the Chief Investment Officer (CIO) Power 100 2018, compared to 10th in 2017 and 11th in 2016.
TRENDING NOW
Despite the de-dollarisation debate, demand for dollar liquidity in Asia is growing
He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons
Malaysian developer Eco World tops bids for Sin Ming area housing plot with S$1,612 psf ppr offer
As China trust-tax deadline looms, wealthy clients explore options across Asia