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DealStreetAsia

Singapore's GIC was most active state investor globally in 2020

$17.7bn down from 2019's $24bn, country's Temasek becomes top in tech deals

Singapore sovereign wealth fund GIC has achieved its best performance since fiscal year 2015.   © Reuters
MICHELLE TEO, DealStreetAsia | Singapore

SINGAPORE -- Singapore's GIC emerged as the most active state-owned investor globally in 2020 amid unprecedented disruptions to economic activity worldwide.

This is according to Global SWF, which tracks investments made by state-owned investors, including sovereign wealth funds and public pension funds.

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