
Singapore’s GIC warns of lower returns in coming years

The manager of Singapore's sovereign wealth fund anticipates "significantly lower and more volatile returns" over the next decade or two, it warned on July 27.
GIC revealed its annualised real rate of return over the past 20 years was 4.0%, a drop from 4.9% last year, in its annual report for the financial year ending March 31.
Returns could dip further in the coming years. Group president Lim Siong Guan and deputy group president Lim Chow Kiat point to high valuations across major asset classes
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]