Singapore's GIC bets on alternatives, Asia growth story to tide over macro concerns

Singapore's GIC bets on alternatives, Asia growth story to tide over macro concerns

Thailand's capital city Bangkok at dusk. Photo: Marla/Pixabay

Amid brewing trade tensions, high asset valuations and slowing global growth, Singapore’s sovereign wealth fund GIC is hoping to tide over the challenging investment climate by sharpening its focus on alternative assets such as private equity and real estate, along with a strategy to remain a loyal subscriber to the Asian growth story.