GIC’s highest 20-year annualised real return since 2015 places it among the world’s five largest sovereign wealth funds.
The state investor achieved the highest shareholder returns since 2010, when it had 43% returns, and a record net portfolio value, its latest annual results show.
Seven managers share how they are using ESG investment exposure and team hiring plans with AsianInvestor for better gain business from asset owners globally.
The vacancies suggest Singapore's sovereign wealth fund could be looking to increase its exposure in these three areas.
The city-state's financial and fintech sectors are expected to create 6,500 jobs in 2021, particularly in technology, wealth management, corporate banking, and insurance, MAS said.
Rest hires Australian equities head; China launches new rule for cash products; Richard Li's FWD applies for US IPO; Indonesia's new SWF plans to acquire toll road assets; Swedish pension fund AP7 excludes Chinese firms; Korean Teachers' Credit Union commits $100 million to US real estate fund; MAS reprimands three insurers; Temasek take up bulk of Singapore Airlines' undersubscribed bonds; and more.