This man oversees some $440 billion in assets, and he says it might be time to raise some cash
‘In these factious times, investors are hard put to find their footing. They face rising uncertainty but falling returns. By some measures, uncertainty about economic prospects is currently highest on record. Further, policy makers seem to have limited ammunition to reflate economies.’ That’s the bleak assessment of the global landscape offered up by Lim Chow Kiat, who oversees the sixth-biggest sovereign wealth fund in the world.
Lim, charged with calling the shots for about $440 billion in assets at the fund, was speaking at GIC Insights, the group’s annual thought leadership event.
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