Saturday 22 September 2018
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Channel News Asia
2 months ago

Singapore s GIC flags lower long-term returns in tough investment climate

SINGAPORE: Singapore s sovereign wealth fund GIC has trimmed its exposure to developed market equities such as US stocks over the past year on high valuations, and cautioned it expects lower long-term returns in an uncertain investment climate. GIC - ranked as the world s No. 8 sovereign investor ...

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