Particle.news
Download on the App Store
4 ARTICLES
·
last wk.

GIC Posts Slowest 20-Year Real Return Since 2020 as It Boosts Equities and Americas Exposure

Recalibrating its portfolio toward equities with stronger Americas exposure seeks to offset the slowdown in GIC’s 20-year real-return growth.

A signage of Singapore’s sovereign wealth fund GIC is pictured at their office in Singapore July 13, 2023. REUTERS/Edgar Su/File Photo
Image
Image
Image

Overview

  • The fund’s equity allocation rose from 46% to 51% over the year, while fixed-income exposure declined to 26% and real assets inched up to 23%.
  • Americas exposure climbed to 49% of the portfolio as Asia-Pacific weighting fell to 24%, reflecting GIC’s preference for US market opportunities.
  • GIC CEO Lim Chow Kiat emphasised a disciplined investment mandate that avoids permanent capital impairment through diversification, agility and granular analysis.
  • Foundational trends in AI development, climate transition and geopolitical realignment are being integrated into GIC’s strategic framework for future value creation.
  • The sovereign wealth fund is piloting an internal AI chatbot to analyse investment reports and categorises potential AI investments into enablers, monetisers and adopters.