MyPivots
ForumDaily Notes
Dictionary
Sign In

Government of Singapore Investment Corporation (GIC)

The Government of Singapore Investment Corporation (GIC) is a sovereign wealth fund established in 1981 by the Government of Singapore. GIC's mission is to invest Singapore's foreign reserves prudently and to generate long-term returns to support the government's economic and social objectives.

GIC is one of the world's largest sovereign wealth funds, with assets under management of over $300 billion. GIC invests in a wide range of assets, including equities, fixed income, real estate, and infrastructure. GIC has a global investment presence, with offices in Singapore, London, New York, Tokyo, and Beijing.

GIC has a long track record of successful investing. Over the past 40 years, GIC has generated an average annual return of 5.5%, after inflation. GIC's investments have helped to support Singapore's economic growth and development.

GIC is a responsible investor. GIC takes a long-term view of investing and seeks to make investments that are sustainable and have a positive impact on society. GIC also actively engages with its investee companies to promote good corporate governance and responsible business practices.

GIC is a valuable asset to Singapore. GIC's investments help to support Singapore's economic and social objectives, and GIC's responsible investing practices help to promote a sustainable future for Singapore and the world.

Here are some additional details about GIC: