Government of Singapore Investment Corporation

Republic of Singapore US$ 344 Billion Origin: Non-Commodity

Profile Directories

Sovereign Wealth Funds

Public Funds

Established: 1981
Transparency Rating: 6
View Sovereign Fund Transaction Data
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Firm Investment Style: Mixed
Entity Structure: Corporate
Population Est.: 5.3 million – 2012
Wealth Per Capita Est.: $60,377

Fund Details

Strategy & Objectives

SWF Asset Allocation

Direct Investments

Equity Managers

Real Estate Managers

Alternative Managers

Consultants and SPs

Key Executives and People

Board and Advisors


Main Offices

GIC Private Limited
Singapore Office
168 Robinson Road
#37-01 Capital Tower
Singapore 068912
Tel: (65) 6889 8888
Fax: (65) 6889 8722

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Governance

The Ministry of Finance of Singapore represents the dominant authority of the GIC. The government of Singapore and Monetary Authority of Singapore set the risk tolerance parameters and expected returns for the long term of the GIC. Three board committees are responsible for ensuring that the GIC operates in an ethically and fiscally positive manner. These committees include: Investment Committee, Risk Committee, and Remuneration Committee.

Trade-Tax Agreements[ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

Government of Singapore Investment Corporation

Summary

In 2013, the Government of Singapore Investment Corporation (GIC) changed their name to GIC Private Limited. The Government of Singapore Investment Corporation (GIC) does not own the funds it manages but manages them on behalf of their clients: the government of Singapore and the Monetary Authority of Singapore. GIC Private Limited is wholly owned by the government of Singapore and has three major sovereign wealth enterprises (SWE): GIC Asset Management Pte Ltd, GIC Real Estate Pte Ltd, and GIC Special Investments Pte Ltd.

Background on GIC

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Singapore – Total Foreign Reserves

Source: Monetary Authority of Singapore – Billions USD

Singapore GIC Private Limited

GIC – Historical Assets Under Management

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