Loh Wai Keong, managing director and co- head ( Asia), GIC
Real Estate, said, "GIC
is confident in India's long- term growth potential and we look forward to partnering DLF to tap into the attractive opportunities of India's real estate.
In addition, GIC
benefits from healthy liquidity conditions derived from a well-managed issuance program and demonstrated access to a diversified investor base.
Despite the worsened underwriting performance for fiscal year 2011-12, GIC
Re continues to show improvement in its expense ratio, mainly attributed to the decreasing trend in the net commission ratio as a result of continuous reductions in flat commission and the introduction into profit commission.
As a disciplined, long-term value investor, GIC
believes in the strong growth potential of China's aesthetic medical sector.
Fitch's rating actions align the rating assigned to Pallas and its GIC
obligations with the credit risk of The Bank of New York Mellon Corporation, given that this is where all of the transaction's assets are expected to be invested over the short to intermediate-term.
KUWAIT, Sept 3 (KUNA) -- Gulf Investment Corporation (GIC
) contributed to around 60 investment projects in the six GCC countries, over the past seven years, with a value amounting to USD 30 billion, GIC
CEO said in remarks public Monday.
Canadians rank safety of their investments as more important than the highest interest rates when considering Guaranteed Investment Certificates (GICs
), according to The Guarantees in Life: RBC 2012 GIC
was established in Kuwait in 1983 to promote private enterprise and economic growth in the GCC region.
The General Assembly reviewed and approved the financial statements during their meeting which was held in GIC
headquarters in Kuwait on April 6, 2014.
In 2011, GIC
reported underwriting profits of KD 9.
The better synthetic arrangements not only capture most, if not all, of the attractive characteristics that participants have enjoyed in GIC
funds in the past, but they also have the advantages of industry diversification, enhanced protection against credit risk, and, in some cases, surprisingly competitive or even superior total returns.
They should know that, long term, a GIC
option will probably underperform a bond fund option by I to 2 percent a year and a stock or equity option by 3 to 4 percent.