GIC bounces back, posts highest 20-year annualised real return in 6 years

GIC bounces back, posts highest 20-year annualised real return in 6 years

REUTERS/Anshuman Daga

After seeing its worst rate of return since the financial crisis in 2009 last year, Singapore sovereign wealth fund GIC Pte reported on Friday its highest annualised rolling 20-year real rate of return since 2015 at 4.3%.