Expect lower portfolio real returns in the coming years: GIC

SINGAPORE (July 10): Singapore’s sovereign wealth fund, GIC, has reported an annualised real return of 3.7% above global inflation for its portfolio over the 20-year ended March 31.

This is lower than the 4% posted in 2016 as well as the average 20-year return of 5.1% from 1900-2017.

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