The move is in line with the Singapore sovereign wealth fund's bullish forecasts for developing economies, says chief investment officer Ng Kok-Song.
Singapore-based GIC signals its intention to focus on investments in India by appointing veteran real estate investor Kishore Gotety as country head.
Asian countries generally feel a multilateral international order is critical to their long-term growth, says Tony Tan of the Singapore sovereign wealth fund.
Asia's financial institutions should take advantage of an unusually open playing field, says Tony Tan of Singapore's Government Investment Corporation.
But sovereign wealth funds can help rebuild economies, assuming capital markets remain open, says Tony Tan of the Government of Singapore Investment Corporation.
GIC, Singapore's biggest sovereign wealth fund, says it has recovered half of last year's losses and indicates increasing allocation to alternative investments.
Lim Chow Kiat has been named president for Europe, while Lim Weng Kin becomes president for the Americas.
Tony Tan, GIC’s deputy chairman, expects the next few years to be the most challenging for Singapore’s sovereign wealth fund since its creation in 1981.