GIC results mask ‘rough year’ as fund looks to boost resilience

Jul 26, 2023

The city state’s $690 billion fund reports solid returns over the long term as it positions itself for new challenges and opportunities ahead.

GIC results mask ‘rough year’ as fund looks to boost resilience

Singapore sovereign wealth fund GIC has achieved its best investment results in eight years, based on its annualised rolling 20-year real rate of return, the metric by which it measures its performance.

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