Serious Sinkie Reserves Gained $8.5 Billion!!! Thank You Madam Ho Ching! Warren Buffet No Match For You!

[JohnTan]

THE official foreign reserves (OFR) gained S$8.5 billion for FY2017/18, the Monetary Authority of Singapore said in its latest annual report released on Wednesday.

The gains in OFR comprise investment gains of S$22.3 billion and a loss from currency translation effects of S$13.8 billion due mainly to the strengthening of the SGD against the USD and JPY, the MAS said. The investment gains over the last 10 financial years averaged S$12.1 billion per annum.

The MAS held S$376.5 billion of OFR as at 31 March 2018. The OFR is invested in a well diversified portfolio for good long term returns and resilience across market conditions.

Investment grade bonds in the advanced economies form the largest allocation in the portfolio. About three quarters of the portfolio are denominated in USD, EUR, JPY and GBP, with USD forming the bulk.

https://www.businesstimes.com.sg/ba...oreign-reserves-gain-was-s85b-in-fy201718-mas

 

[winnipegjets]

S&P return in 2017 is 18.74 pct. Sinkapore OFR return is 2.17 percent. What is there to celebrate? Heads should roll instead. Despite hundreds of millions paid to the investment 'experts', they deliver such miserly returns!

JohnTan, please fact check first, okay? 2.17 pct return and you think that beats Buffet? You siao, isit?

 

[oneMdeeBee]

Have you ever known them telling the fucking truth ?
Even once to us?

 

[steffychun]

Ho Ching is not in MAS you motherfucker

 

[bobby]

Why never say big "Thank You" to Macik too?

 

[mahjongking]

THE official foreign reserves (OFR) gained S$8.5 billion for FY2017/18, the Monetary Authority of Singapore said in its latest annual report released on Wednesday.

The gains in OFR comprise investment gains of S$22.3 billion and a loss from currency translation effects of S$13.8 billion due mainly to the strengthening of the SGD against the USD and JPY, the MAS said. The investment gains over the last 10 financial years averaged S$12.1 billion per annum.

The MAS held S$376.5 billion of OFR as at 31 March 2018. The OFR is invested in a well diversified portfolio for good long term returns and resilience across market conditions.

Investment grade bonds in the advanced economies form the largest allocation in the portfolio. About three quarters of the portfolio are denominated in USD, EUR, JPY and GBP, with USD forming the bulk.

https://www.businesstimes.com.sg/ba...oreign-reserves-gain-was-s85b-in-fy201718-mas

kah ki kong kah ki song....knn
anyone seen any money released to benefit sinkees?

 

[KuanTi01]

It's just their propaganda. How can one take their word seriously when everything else is so shrouded in secrecy; especially the huge losses. In Chinese, one says only ghosts then believe! 鬼才相信.

 

[winnipegjets]

It's just their propaganda. How can one take their word seriously when everything else is so shrouded in secrecy; especially the huge losses. In Chinese, one says only ghosts then believe! 鬼才相信.

They are bragging about nothing. 2.17 pct return is pittance!

 

[SalahParking]

Many people always get GIC, Temasex, MAS all salah and anyhow say.

 

[winnipegjets]

Many people always get GIC, Temasex, MAS all salah and anyhow say.

All the $$$ goes one direction ...regardless of agencies.

 

[SalahParking]

How much is the UOFR? Unofficial Foreign Reserves.

 

[Annunaki]