GIC official frets over US credit risk

Investing in the US capital markets has never been more necessary - or more risky, says Singaporean official.

At a conference for Asian government pension funds held in Tokyo this week, a senior government official from Singapore's $100 billion-plus Government Investment Corporation GIC expressed his concern about the sustainability of the United States' macroeconomic policy, outlining how this posed a major risk for Asian investors.

Teh Kok-Peng, president of GIC Special Investments, says the need for diversification and superior investment returns has driven Asian institutions to invest heavily in US securities. This is because...

To continue reading, please login or register for free

Click for more on: gic | official | frets | us | credit | risk

Print Edition

FinanceAsia Print Edition

CONFERENCES