Propose CPF to take back $540 B from GIC to manage as 3rd Singapore SWF.
Making CPF members savings to become Singapore No.1 SWF AuM while leaving GIC to become the smallest of the three.
If necessary, CPF Board can seek help from the management of Norwegian Pension Fund , World's No.1
something to do with sotong not possible
SNB lost 143B Dola
and Americans not stupid to pay taxes
we r in a period difficult to wrap everything in a parcel
hope u got Money and not currency
just imagine people with 3 jabs want more
they r being poisoned.
(17-01-2023, 04:04 AM)Scythian Wrote: [ -> ]Propose CPF to take back $500 B from GIC to manage as 3rd Singapore SWF.
Making CPF members savings to become Singapore No.1 SWF AuM while leaving GIC to become the smallest of the three.
If necessary, CPF Board can seek help from the management of Norwegian Pension Fund , World's No.1
after massive losses by GIC and Temasek over last 20 years...................what makes you think they even have 500B left ?
(17-01-2023, 10:00 AM)Napoleon Porlumpar Wrote: [ -> ]after massive losses by GIC and Temasek over last 20 years...................what makes you think they even have 500B left ?
CPF Board website statement
"$540 billion
CPF balances
as of September 2022"
https://www.cpf.gov.sg/member/infohub/re...ber%202022