Published by Alexander Bueso on 22nd September 2024
(Sharecast News) - Singapore sovereign wealth fund GIC is among several international investors who have told the government that they will not look at opportunities in the UK regulated utility sector in the wake of crisis around Thames Water. It is understood that one person at the meeting said that the "UK is totally off our radar at the moment" due to regulators having become "too unpredictable". However, GIC was said to remain bullish on other UK investment opportunities notwithstanding their negativity towards UK regulated utilities. - The Sunday Times