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
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
OCBC consumer banking chief Sunny Quek aims to double wealth business by 2029
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
Hengli’s ex-Singapore unit dismisses staff after US sanctions, at risk of being wound down: sources