GIC sees challenges for value investing

Short-term liquidity management is becoming increasingly important to long-term investing, delegates heard at the Asian Investment Summit on Wednesday, on the second day of AsianInvestor Week in Hong Kong.  Among those banging that drum was panel speaker Prakash Kannan, head of total portfolio management, economics and investment strategy at GIC, the $100 billion-plus sovereign wealth fund of Singapore, who described the volatile market environment as “quite challenging” for value…