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PR Newswire
30-07-2015, 10:01 AM
Singapore GIC is picking up bargains, amid the turmoil. Retail investors are influenced more by greed and fear, thus the swing is larger. Volatility usually means opportunities to value investors...
Singapore's GIC sees opportunities in China market turmoil
SINGAPORE (July 30): Singapore sovereign wealth fund GIC is finding fresh opportunities to invest in the volatile China market amid restrictions imposed by the regulator on investors who own large stakes in Chinese companies.
“It did open up some opportunities for people like us which take a longer-term view and we don't have such kinds of liquidity constraints. That is a clear positive," Lim Chow Kiat, group chief investment officer, told Reuters as the fund unveiled its annual report.
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http://www.theedgemarkets.com/sg/article...et-turmoil
Singapore's GIC sees opportunities in China market turmoil
SINGAPORE (July 30): Singapore sovereign wealth fund GIC is finding fresh opportunities to invest in the volatile China market amid restrictions imposed by the regulator on investors who own large stakes in Chinese companies.
“It did open up some opportunities for people like us which take a longer-term view and we don't have such kinds of liquidity constraints. That is a clear positive," Lim Chow Kiat, group chief investment officer, told Reuters as the fund unveiled its annual report.
...
http://www.theedgemarkets.com/sg/article...et-turmoil
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