GIC and Temasek take little risk with our CPF and reserves?
Recently came across this December 2014 Bloomberg article: “Since then, GIC has moved away from the endowment model of strategic asset allocation it had followed for a decade. In the process, it’s become one of the world’s most aggressive sovereign wealth funds.” According to Investopedia, an aggressive investment strategy...
Tan Jee Say: EDB’s new focus on region is behind the curve
After more than 50 years, EDB is now switching its focus from attracting foreign MNCs in USA, Europe and Japan, to the "richer and maturing markets of South-east Asia". Why has it taken our economic planners so long to come to this strategy? I had suggested this change of focus 5 years ago in my essay "Creating Jobs and Enterprise...
Investing in Oil
Oil price has been on the uptrend since hitting a low of US$26.55 per barrel West Texas Intermediate (WTI) February delivery on 26 January 2016. [ LINK ]. It touches briefly US$50 per barrel this week, that is already up more than 88% of its low, not seen 2003 but a long way from recent years high of US$105 per barrel as...
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