Asset Owner Directory

Government of Singapore Investment Corporation (GIC)

Established in 1981 to manage Singapore’s foreign reserves, the Government of Singapore Investment Corporation (GIC) is a global long-term investor. GIC work to secure Singapore’s financial future by investing across a range of asset classes in the public and private markets.

Country

Singapore

AUM ($B, AS AT DATE OF ASSET ALLOCATION)

$550

Performance (%, 1YR)

4.6

Chief Executive

Lim Chow Kiat

Chief Investment Officer

Dr Jeffrey Jaensubhakij

Chair

Lee Hsien Loong

Asset allocation

13% Developed Market Equities

17% Emerging Market Equities

34% Nominal Bonds and Cash

6% Inflation-Linked Bonds

13% Real Estate

17% Private Equity

Website

View the annual report

Asset allocation as of March 31, 2023. All information is as per the most recent annual report or other publicly available data via the fund's website

Top1000funds.com related articles

Events

Looking backwards is a poor way to assess Asia’s future

The specific drivers of growth of Asian economies means a traditional view of asset allocation is not necessarily the best way to approach investing in the region, the 2024 Top100funds.com Fiduciary Investors Symposium in Singapore has heard.

Simon HoyleMarch 20, 2024

FIS Stanford 2023

Asset owners need organisational prowess to take advantage of distress

The market has already entered the early stages of a multi-year restructuring cycle that will present many opportunities for credit providers. Researchers and investors from GIC, CalPERS and IMCO recommend some organisational changes that will ensure asset owners can make the most of those opportunities.

Amanda WhiteOctober 4, 2023

Sustainability

Why investors should integrate green revenues into portfolio construction

A recent paper from Singapore's GIC, FTSERussell and GMO explains why (and how) investors should integrate green revenues into their portfolio construction.

Sarah RundellJuly 11, 2023

FIS Singapore 2023

Cross-checking data, wringing necks: the ESG journey

Making a portfolio more resilient to climate change, and playing a role in decarbonising the real economy, requires a range of creative solutions to complex problems, along with a good measure of determination, said a panel of leaders driving ESG efforts at GIC, New Zealand Super and APG.

Ben HurleyMarch 31, 2023

Featured Story

Global SWF: GIC leads; oil fuels Gulf funds and hedge funds give refuge

Singapore’s GIC invested more than any other SWF last year and fuelled by buoyant oil revenues, Gulf SWFs have had and are expected to continue their investment rampage. Elsewhere, hedge funds have proved one of the most successful allocations, particularly for ADIA, says Global SWF in its annual report.

Sarah RundellJanuary 3, 2023

Asset Allocation

GIC: Building balanced portfolios for the long run

Navigating the two challenges of heightened macro uncertainty and an increased allocation to private assets could require a fundamental evolution of the asset-allocation process, argue Grace Qiu Tiantian and Ding Li from Singapore’s GIC in a paper written with MSCI’s Peter Shepard entitled Building Balanced Portfolios for the Long Run.

Sarah RundellNovember 24, 2022

View more articles

Asset Owner Directory

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