Institutional investors 'need more active management'
Summit panellists say investors now need abler managers; they can't just count on market indices to generate returns
Add BT as a preferred source
Singapore
LARGE institutional investors can no longer depend on market benchmark indices as a major source of their returns and will have to rely more on genuinely skilled active managers, a top executive at Singapore's sovereign wealth fund said on Friday.
Jeffrey Jaensubhakij, GIC president of public markets and director of equities, said: "There's not a lot to like in the indices . . . You cannot invest in indices and expect that to be your source of gains."
TRENDING NOW
Singapore Kitchen CEO, senior manager charged with alleged fraud, falsifying accounts; both to stay in jobs for now
How the ultra-rich buy property
Profit with purpose: Kim Choo Kueh Chang’s pivot from public listing to protecting heritage
Jardines has survived wars and market collapses. Can it survive the digital age?
