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Singapore fund GIC’s returns hit post-financial-crisis low

State investor navigates trade tensions with expanded tech investment

Singapore's sovereign wealth fund GIC, together with Spanish toll road operator Abertis, is taking a significant stake in Mexican toll road operator RCO. (Photo by Nozomu Ogawa)

SINGAPORE -- Singaporean sovereign wealth fund GIC warned that long-term returns in the coming years would remain "significantly lower" than in the past after reporting its worst performance since the global financial crisis.

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