Singapore’s GIC flags lower long-term returns in tough investment climate

with No Comments

Singapore sovereign wealth fund GIC has trimmed its exposure to developed market equities such as U.S. stocks over the past year on high valuations, and cautioned it expects lower long-term returns in an uncertain investment climate.

from Reuters: Business News https://ift.tt/2Jig8Y9 https://www.reuters.com

Leave a Reply