Singapore's GIC to Allocate $30 Billion to Hedge Funds
The sovereign wealth fund aims to expand its hedge fund investments over the next three years.
Business & Markets • 2 months ago
Singapore's sovereign wealth fund, GIC, plans to allocate $30 billion to hedge funds over the next three years. This move is part of an ongoing strategy to build on its existing track record with such investments.
Over the past decade, GIC has tripled its investments in hedge funds. The fund's decision to further increase its allocation signals a continued commitment to this asset class as part of its diversified investment portfolio.