The Business Times·4 min read·medium
GIC posts lower 3.4% 20-year annualised real rate of return, launches new investment framework
T
Tan Nai Lun
✦AI Summary
Singapore's sovereign wealth fund, GIC, reported a 3.4% annualised 20-year real rate of return, marking a decline from previous periods. The fund is updating its investment framework to navigate a more volatile global landscape shaped by geopolitical tensions and artificial intelligence.
Singapore sovereign wealth fund sees need for more flexibility amid geopolitical tensions, AI advances
businesseconomyai
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