SMU Financial Journey

I like to believe that we are financially strong where we are now, in terms of what we have generated and built up over the years. So today, in fact on the 15th of April, we were able to report to the investment committee that the endowment fund and the invested surplus crossed the billion dollar mark. It's more than a billion dollar Singapore now on April 15th. After thirteen years, we are quite happy with that outcome. It's a valuable resource, we need to watch it carefully, manage it properly. And I think if we continue to do that we'll be in a financially strong position to be able to do the things that we need to do to build up the university.