Singapore's sovereign wealth fund GIC reported a decline in returns for the past financial year without specifying the sum and cautioned that "profound uncertainty" will continue...
A report on MingTianDi detailed GIC's 62% financial loss on selling its 17.5% stake in the UK's Bluewater mall to Landsec for £120 million (US$152 million)....
Singaporean blogger Phillip Ang expressed skepticism about GIC's transparency in a recent post. He contrasted GIC's transparency with Norway's SWF and criticized its habit to downplay...
In 2023, Saudi Arabia’s Public Investment Fund (PIF) emerged as the most active global sovereign investor, deploying a substantial US$31.6 billion across 49 deals. In contrast,...
Singapore's GIC revealed its acquisition of a 35% stake in Hotel Investment Partners (HIP) from Blackstone, bolstering its European hospitality portfolio by 72 luxury hotels. GIC...
Deputy Prime Minister Lawrence Wong is set to become the deputy chairman of GIC from 1 October, following Mr Tharman Shanmugaratnam's transition to Singapore’s ninth president....
Singaporean blogger Philip Ang challenges mainstream media portrayals of GIC's positive performance in FY2023, suggesting potential losses may have been obscured. Ang cites concerns over GIC's...
Singapore's sovereign wealth fund, GIC, has reported its poorest five-year returns since 2016, underlining the economic challenges faced by institutional investors amidst global economic slowdown, rising...