Singapore’s Sovereign Wealth Centers on Asia
Posted on 11/13/2013
Singapore’s GIC Private Limited’s investment portfolio is currently 28% allocated to Asia, but recent investments committed by the sovereign fund, as well as announcements made by QFII, a quota program in mainland China, could skew that number higher. In conjunction with Philippine-based Ayala Corp., the Singaporean sovereign wealth fund purchased DBS Group Holdings’ 9.9% stake […]