GIC Pte Ltd

Singapore economy

Singapore builds 3% stake in Swiss private bank Julius Baer

(June 4): The Singaporean state has built up a stake of about 3% in Julius Baer Group, providing a major boost for the Swiss wealth manager as it struggles to reach its targets on attracting new money and reining in costs.

Property

GLP and GIC establish US$2 bil China fund

SHANGHAI (Sept 11): GLP, the provider of modern logistics facilities, is partnering with GIC, Singapore’s sovereign wealth fund, to establish a new fund in China.

Sovereign wealth funds face tougher dealmaking environment as protectionism grows

LONDON (July 16): Sovereign investors are facing a tougher environment for dealmaking as rising protectionism threatens to curb inward investment and stunt trade, suggesting private market activity may have plateaued, a co-author of a report out on Monday

Singapore economy

GIC flags lower long-term returns in tough investment climate

SINGAPORE (July 13): Singapore sovereign wealth fund GIC has trimmed its exposure to developed market equities such as US stocks over the past year on high valuations, and cautioned it expects lower long-term returns in an uncertain investment climate.

Temasek set to report record portfolio; tech deals in focus

SINGAPORE (July 8): Singapore state investor Temasek Holdings is likely to book a record $300 billion for the value of its portfolio, powered by gains in DBS Group and Chinese banks, while it steps up investment in tech startups.
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