Singapore’s GIC flags lower long-term returns in tough investment climate
11 Jul Singapore’s GIC flags lower long-term returns in tough investment climate
Posted at 21:00h
in
News
by KMFSLLP
Singapore sovereign wealth
fund GIC has trimmed its exposure to developed market
equities such as U.S. stocks over the past year on high
valuations, and cautioned it expects lower long-term returns in
an uncertain investment climate.
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