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Singapore economy
Singapore builds 3% stake in Swiss private bank Julius Baer
(June 4): The Singaporean state has built up a stake of about 3% in Julius Baer Group, providing a major boost for the Swiss wealth manager as it struggles to reach its targets on attracting new money and reining in costs.
June 04, 2019
Property
GLP and GIC establish US$2 bil China fund
SHANGHAI (Sept 11): GLP, the provider of modern logistics facilities, is partnering with GIC, Singapore’s sovereign wealth fund, to establish a new fund in China.
September 11, 2018
Sovereign wealth funds face tougher dealmaking environment as protectionism grows
LONDON (July 16): Sovereign investors are facing a tougher environment for dealmaking as rising protectionism threatens to curb inward investment and stunt trade, suggesting private market activity may have plateaued, a co-author of a report out on Monday
July 16, 2018
Singapore economy
GIC flags lower long-term returns in tough investment climate
SINGAPORE (July 13): Singapore sovereign wealth fund GIC has trimmed its exposure to developed market equities such as US stocks over the past year on high valuations, and cautioned it expects lower long-term returns in an uncertain investment climate.
July 13, 2018
Temasek set to report record portfolio; tech deals in focus
SINGAPORE (July 8): Singapore state investor Temasek Holdings is likely to book a record $300 billion for the value of its portfolio, powered by gains in DBS Group and Chinese banks, while it steps up investment in tech startups.
July 08, 2018