Gillian Tett’s article in the FT today on the changing perceptions of liquidity risk among SWFs has me captivated; I’ve already caught myself, deep in thought, staring out various windows at least five times. What’s got my thoughts so provoked? Well, Tett appears to be privy to an internal process of evaluation taking place within the Government Investment Corporation of Singapore that could see some dramatic changes to the way it manages its money. Specifically, she portends a shift from external (co-mingled) management of assets to in-house management. Full StoryRelated:
Back to the Future of Asset Allocation - Green Faucet
