The Malaysian Insider, 31 Dec 2009
INGAPORE, Dec 31 — The government of Singapore Investment Corporation (GIC) is mulling over whether to include the inflation rates of countries such as China in its benchmark for target returns on investments, according to a recent interview published in the CommonWealth Magazine.
During the interview, Tony Tan, deputy chairman and executive director of GIC, said: “We’re thinking about this”, in response to a question on whether the time had come to include China’s inflation rate in the calculation of the benchmark.
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Related:
GIC may include China inflation in return target - Reuters
