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Business strategies can interestingly be assimilated with medicinal drugs. There are no better or worse strategies. There are only adequately adopted business strategies or inappropriately selected and implemented strategies.
The Government of Singapore Investment Corporation (GIC) is a government-owned company assigned to manage Singapore’s sovereign wealth fund. The fund is now officially named: GIC Private Limited. The GIC was formed in 1981 with the aim to invest the sovereign wealth fund more aggressively in higher yielding asset classes and over a longer investment horizon. According to the Sovereign Wealth Fund Institute, the GICS controls the eighth largest sovereign wealth fund in the world, with $390 billion in assets under management as of mid-2018.[cite]
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