Asset Owner Directory

Government of Singapore Investment Corporation – (GIC)

Established in 1981 to manage Singapore’s foreign reserves, the Government of Singapore Investment Corporation (GIC) is a global long-term investor with well over US$100 billion in assets in over 40 countries worldwide. GIC work to secure Singapore’s financial future by investing across a range of asset classes in the public and private markets.





Chief Executive

Lim Chow Kiat

Chief Investment Officer

Dr Jeffrey Jaensubhakij


Lee Hsien Loong

Asset allocation
The Policy Portfolio represents GIC’s asset allocation strategy over the long term. It accounts for the bulk of the risk and return potential of the GIC Portfolio. The Policy Portfolio seeks to balance the way different asset classes respond to varied possible economic environments.

15% Developed Markets Equities

17% Emerging Market Equities

39% Nominal Bonds and Cash

6% Inflation-Linked Bonds

8% Real Estate

15% Private Equity related articles
FIS - Chicago

Beyond traditional asset allocation

Today’s challenging climate has led diversified investors like GIC, Singapore's sovereign wealth fund, to explore different approaches to portfolio construction to build resilience. Grace Qiu and Ding Li, both senior vice presidents in total portfolio policy and allocation at GIC discuss their new research.
Asset Allocation

SWFs invest record amounts in VC

SWFs invested record amounts into venture capital last year with VC allocations ballooning. Overall assets were boosted by four new SWFs: Azerbaijan, Bangladesh, Cape Verde and Rio de Janeiro. While Israel, Namibia, Bahamas and Mozambique will all launch this year.
FIS Digital – December 2020

Scenario analysis tool predicts U-shape

A U-shaped recovery is the most likely economic outcome in the US for the next two years, but stagflation has a higher than anticipated chance of occurring according to a new paper about scenario analysis co-authored by State Street and GIC researchers. The study revolutionises scenario analysis by reorienting it towards a path.