GIC Maintains Cautious Portfolio Stance as De-Globalization Influences Allocation Strategy
Posted on 07/03/2019
Singapore’s GIC Private Limited has embraced a defensive stance in markets over the past few years. De-globalization remains a major concern for GIC – the sovereign wealth fund of a merchant city-state that lies in key trade corridors of power and commerce. GIC’s assets that are managed are estimated to have reached north of US$ […]