Singapore Wealth Fund Says Investments Fell 20% in Year
Posted on 10/05/2009
The Government of Singapore Investment Corporation (GIC) mentioned on Tuesday that its investments plummeted more than 20% in the year ending March. The fund has recovered more than 50% of the loss during the market rally since then. The GIC is larger than its sovereign wealth neighbor fund, Temasek Holdings. The GIC had a negative […]
