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

20210111 Singapore GIC

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

MICHELLE TEO, DealStreetAsia

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

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