GIC posts highest returns since 2015
GIC posts highest returns since 2015
www.straitstimes.com GIC posts resilient real returns above inflation rate
The fund said it would double down on investments that provide stable long-term returns such as real estate and infrastructure. Read more at straitstimes.com.
GIC reports 20 year real rate of return (its reporting metric) of 4.6%, compared to 4.2% a year ago. For comparison, Temasek posted a $7B annual loss a couple weeks ago 🤔🤔🤔
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GIC buy low sell high, Temasek buy high sell low?
Considering how Temasek has kept their stake in the horribly-underperforming Standard Chartered Bank for a decade, it's more like "buy high and refuse to sell".