Singapore's GIC flags lower long-term returns in tough investment climate

Discussion in 'Market News' started by sniper-academy, Jul 13, 2018.


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  1. sniper-academy

    sniper-academy Administrator Staff Member

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    SINGAPORE: Singapore's sovereign wealth fund GIC has trimmed its exposure to developed market equities such as US stocks over the past year on high valuations, and cautioned it expects lower long-term returns in an uncertain investment climate. GIC - ranked as the world's No. 8 sovereign investor ...

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