GIC boosts allocations to China and emerging markets

Meanwhile, the Singapore sovereign wealth fund pares exposure to Europe and the US, citing an uncertain long-term outlook.
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Ng Kok-Song: Emerging markets offer strong economic fundamentals
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<div style="text-align: left;"> Ng Kok-Song: Emerging markets offer strong economic fundamentals </div>

The Government of Singapore Investment Corporation (GIC) has raised its allocations to China and other emerging markets in a bid to boost returns, which amounted to 3.9% in the year to March 31, up slightly from 3.8% in 2010.

¬ Haymarket Media Limited. All rights reserved.

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