Capital Markets: Top Stories
Covid-19 may be the moment sovereign wealth funds were made for: a shocking disruption to national economies that calls for a stable, patiently invested buffer. Funds have reacted in different ways, but they’re all bigger, shrewder and hopefully smarter than they were during the GFC.
Singapore’s state-owned investment company entered the pandemic in good shape. Covid-19 brought new challenges in which it has emerged as a double-barreled weapon against uncertainty. The fund’s chief investment strategist explains what makes Singapore’s intriguing sovereign wealth vehicle tick.