https://sg.finance.yahoo.com/news/singapore-sovereign-fund-gic-pares-ubs-stake-loss-012021119--sector.html
Our GIC has to console itself by indulging in self-deception with the inclusion of investment gains from Citibank so that its investment record won't look so bad.
Sigh!
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http://www.businesstimes.com.sg/companies-markets/gic-faces-possible-us4b-loss-on-ubs-bet
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