ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Finance

Singapore's GIC leans more on private markets as returns rise

Sovereign wealth fund posts best performance since 2015 amid cautious optimism

Singapore sovereign wealth fund GIC has achieved its best performance since fiscal year 2015.   © Reuters

SINGAPORE -- Singapore's sovereign wealth fund GIC is leaning more heavily on private markets to sustain returns, as it posted its best performance since 2015 during its last fiscal year.

The investor on Friday said that after accounting for global inflation, its portfolio achieved an annualized real rate of return of 4.3% over a 20-year period that ended on March 31 this year.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more