Singapore’s GIC posts 4.2% investment return in fiscal 2022

Singapore’s GIC reported an annualised rolling 20-year real rate of return of 4.2% for the period ending March 31, 2022, down marginally from the 4.3% posted the year before, according to annual results released yesterday (July 27). Diego Lopez, Global SWF The rolling 20-year real rate of return is the primary metric for evaluating GIC’s investment performance as the sovereign wealth fund does not disclose single-year returns in line with its mandate to manage its assets o…