GIC's 20-year annualised real return comes in at 3.4%, lowest since 2020

Singapore's sovereign wealth fund GIC posted a 3.4 per cent 20-year annualised rolling real rate of return for its latest financial year, its lowest since 2020. The investor says it took less risk and prioritised resilience, and is also positioning for the next wave of growth in areas like artificial intelligence. Beatrice Yap reports.