GIC Holds Steady, Maintains Cautious Investment Stance
Posted on 07/13/2018
Singapore’s GIC Private Limited returned a 5-year return of 6.6% ended March 31, 2018. At March 2018, GIC had increased cash and nominal bonds up 2% to 37% of the total portfolio, while lowering exposure to developed market equities from 27% to 23%. GIC CEO Lim Chow Kiat commented in his annual letter in the […]