MAS's Lim says integrated sovereign wealth funds beneficial for industry

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Lim Hng Kiang, the deputy chairman of the Monetary Authority of Singapore, said last Thursday that the partnership between Norges Bank Investment Management (NBIM) and Singapore was an indication that the global network of sovereign wealth funds would improve financial stability and best practices in the industry.

At the opening of NBIM's Singapore office, Lim said: "The opening of NBIM's Singapore office represents the start of a new chapter to the strong friendship and good relations between

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