Singapore’s Ministry of Home Affairs seeks to hire OCIO
The ministry is set to issue a request for proposal for an outsourced chief investment officer solution to its pension assets. It could be followed by others, say several sources.
Singapore’s Ministry of Home Affairs is looking to launch a request for proposal (RFP) for outsourced chief investment officer (OCIO) services to fully manage and invest up to $700 million of its pension assets, AsianInvestor can reveal.
And the budding OCIO RFP could be followed by more in Asia.
Four executives at investment consultant and accounting firms have independently also told AsianInvestor that multiple other organisations in Singapore, Korea and China are discussing …
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