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Singapore's sovereign wealth fund, known for its caution, is taking more private markets risk.
GIC's CEO reveals he's looking to invest more in the US and private equity.
https://bloom.bg/3Zv9FCj
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They just have a herd mentality. Like sheep to the slaughter
Wherever you go, no matter what the weather, always bring your own sunshine
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Knn what caution ... taking on more private risk some more ...
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Wah lao.. they start to invest more into US equities after they have risen by so much? Really buy high sell low.
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The more they lose the better their performance bonuses??!?
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Is right. The equity or stock market is rubbish and overvalued.
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(11-12-2024, 06:44 PM)Bigiron Wrote: Singapore's sovereign wealth fund, known for its caution, is taking more private markets risk.
GIC's CEO reveals he's looking to invest more in the US and private equity. https://bloom.bg/3Zv9FCj
cautious already lose big money every year...................looks like i might live to see PAP default on CPF payouts..............
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US markets sure make money. Why? They control the world financial markets using the USD. Their entire economy is built on finance now, having hived off and offshored all manufacturing and industry.
They can print USD at will, and make markets shoot up and crash down at will.
That's why China decided to decouple their financial markets from the world with the closure of Ant Financial.
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