GIC’s 20-year annualised real return falls to 3.4%, lowest in 6 years

Singapore's sovereign wealth fund, GIC, reported its lowest 20-year annualized real return in six years at 3.4%. The fund attributed this performance to a strategy of prioritizing resilience and reducing risk amid global economic uncertainty.
Why it matters
As a major global investor, GIC's conservative shift highlights the cautious outlook of institutional capital in the current economic climate.
The sovereign wealth fund says it took less risk and prioritised resilience, in line with its long-term mandate.
A GIC sign is pictured at their office in Singapore on Jul 26, 2022. (File photo: Reuters/Anshuman Daga)
Abigail Ng 24 Jul 2026 06:11AM Bookmark Bookmark Share WhatsApp Telegram Facebook Twitter Email LinkedIn Set CNA as your preferred source on Google Add CNA as a trusted source to help Google better understand and surface our content in search results. Read a summary of this article on FAST. Get bite-sized news via a new cards interface. Give it a try. Click here to return to FAST Tap here to return to FAST FAST SINGAPORE: Sovereign wealth fund GIC's returns fell for a third straight year to a six-year low in FY2025/2026, as it took less risk and prioritised resilience amid what it called "profound uncertainty".
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