Mr Chua Kheng Wee Louis asked the Minister for Home Affairs (a) what is the breakdown of assets managed (i) directly by in-house investment teams and (ii) third party asset managers, for the Dynamic, Balanced, Stable and Lifecycle funds respectively under the Home Affairs Uniformed Services INVEST Fund; and (b) what is their current asset-class composition compared with their target composition.
Mr K Shanmugam: The investments of the Dynamic, Balanced, Stable and Lifecycle Funds are fully managed by external fund managers under our Outsourced Chief Investment Officer model.
Ministry of Home Affairs
18 September 2023
https://sprs.parl.gov.sg/search/#/sprs3topic?reportid=written-answer-14406
Office of the Leader of the Opposition 