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GIC’s annualised returns over 20-year period fall to 2.7%, as it shifts investment approach in light of market conditions

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SINGAPORE — With the investment environment highly uncertain, Singapore’s sovereign wealth fund GIC saw lower returns in its latest 20-year assessment period and it will be looking to take on a more active investment approach ahead. This is especially in light of the greater challenges brought about by the Covid-19 pandemic.

 

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