Singapore’s GIC posts 4.2% investment return in fiscal 2022
The sovereign wealth fund expects another challenging year ahead amid high inflation, geopolitical risks and market uncertainty.
Singapore’s GIC reported an annualised rolling 20-year real rate of return of 4.2% for the period ending March 31, 2022, down marginally from the 4.3% posted the year before, according to annual results released yesterday (July 27).
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