"..China’s State Administration of Foreign Exchange, or Safe, and Singapore’s Government Investment Corporation, or GSIC, have between them an estimated $600bn in assets under management, with roughly 20 per cent held in government bonds.
pop-up: sovereign wealth fundsMr Daube says: “We have to borrow much higher volumes these days. Hence, it makes a lot of sense for us to meet investors, so we can answer their questions. They appreciate this.”
Robert Stheeman, head of the UK Debt Management Office, adds: “It has always been important to talk to investors, both domestic and international. But today, the Treasury and the DMO more than ever need to engage with investors to explain the government’s fiscal position and borrowing programme.”.."
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