Reuters, 23 Sep 2008, Kevin Lim and Saeed Azhar
SINGAPORE (Reuters) - Singapore sovereign fund GIC said it still had plenty of cash after its multi-billion dollar investments in UBS and Citigroup and saw opportunities in the United States amid the financial storm.
The Government of Singapore Investment Corp, which manages assets estimated at around $300 billion, held 44 percent of its portfolio in stocks and about 7 percent in cash at end-March 2008, it said in its first-ever annual report on Tuesday.
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