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Friends, members of the Singapore fund management community,
One recommendation likely to emerge from the Economic Review Committee is that
Singapore should seek to be the leading centre in Asia for private banking, wealth and
asset management. This aspiration will require a broadening and deepening of
investment management expertise, and the development of a thriving and lively fund
management community.
It is against this backdrop that I have proposed the Singapore Investment Forum. The
forum can be a showcase of expertise and talent resident in Singapore, both local and
foreign. Hopefully, it can also become a platform for a vigorous and useful exchange
and debate of investment ideas among market professionals. Our interactions in this
room and in the corridors outside will contribute to turning up the so-called "buzz" that
pervades lively financial centres.
At this inaugural session, I would like to express GIC's appreciation for the enthusiasm
and support that we have received from our partners in this endeavour: the Investment
Management Association of Singapore, the ACI - Financial Markets Association,
Bloomberg and Reuters.
To begin today's forum, let me introduce my colleague Jeffrey Jaensubhakij, who will
chair the panel. Jeffrey is one of the numerous talented investment professionals that I
have the pleasure of working with in GIC. He was born in Thailand, studied in England
and the USA, but blossomed only after he found a Singapore wife and came to work in
GIC. Jeffrey is our head of global economics and contributes considerably to GIC's
asset allocation strategy.
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