GIC posts resilient real returns above inflation rate
www.straitstimes.com
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 🤔🤔🤔

    • cyd@lemmy.worldOPEnglish
      1·
      1 year ago

      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”.