GIC Posts 6.9% Returns, Sets Course For Uncertainty

Posted on 07/27/2023

Singapore’s GIC has made an announcement on its returns: “GIC posts resilient long-term real returns and focuses on finding opportunities in an increasingly challenging market. The GIC Portfolio achieved an annualized USD nominal rate of return of 6.9% and an annualized real i.e. above global inflation, rate of return of 4.6% over a 20-year period…

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