Global Investments

[level13]

I guess most buddies don't agree with GIL transparency. But it has high score in this area. Wonder

Improved Ranking in the Governance and Transparency index (AR2013)

GIL participated in the Governance and Transparency Index 2013, jointly launched by the Business Times and the National University of Singapore’s Centre for Governance, Institutions and Organisations, which assesses the financial transparency of companies based on their annual announcements.

Our Governance and Transparency Index score increased from 47 points in 2012 to 78 points in 2013 and our ranking improved further from 82 in 2012 to 25 in 2013 out of 664 listed companies which participated in the Governance and Transparency Index 2013.

This continued improvement in our ranking was made possible by the commitment of the Board in maintaining high standards of corporate governance.

Downside is the lack of transparency of its investments and yearly rights issues.
Have anyone wondered since the manager is related to ST Engineering, some of its investments will be in that area of exposure. One example is the aircraft leasing. It's a pity that global investments are not invested in unlisted equities related to ST due to their mandate as I will think returns will be far more interesting

There is no correlation that having a low corporate governance score will lead to rights issue. These are two separate things.