He added that this is a"fundamental duty" despite also saying that he is aware that setting the investment policy of Singapore’s reserves is not under the purview of the President.
Dr Felix Tan, a political analyst at the Nanyang Technological University , said that Mr Tan will not be able to do so should he be elected as he does not have the constitutional powers to do so. "In fact, the sovereign wealth funds can ignore any request by the president seeking to offer his views on the sovereign wealth funds' investment policies," he said.Although setting Singapore’s investment strategy is not the President’s role, Mr Tan said he wanted oversight to ensure investment of past reserves is carried out “prudently and properly”.
“I may not be the monarch . But if I’m elected by one million people — majority in this election — I will play that role.”Rather, he hopes to work in collaboration with them to achieve three goals — to reduce the cost of living, ensure affordable housing for all, and ensure secure jobs to provide stability and progress.
"The President can make suggestions, that is not wrong, and anybody can make suggestions. But at the end of the day, having an independent institution is not the role of the President to do."When asked about his plans to hold a rally, Mr Tan said he has pushed back the date from this Friday to next Thursday.