GIC to Invest Another $38.8 Billion in Hedge Funds
Bryan Yeo said the fund will spread the money across global macro, quantitative and multi-strategy managers while it diversifies its AI bets.
- On Friday, Singapore sovereign wealth fund GIC announced plans to deploy an additional $30 billion into hedge funds over three years, spreading bets across artificial intelligence opportunities.
- GIC reported an annualised 20-year real rate of return of 3.4 per cent for the period ending March 31, 2026, marking its weakest long-run performance since 2020.
- Under a refreshed investment framework adopted April 1, GIC allocated 56 per cent of its portfolio to equities, with fixed income and real assets each at 22 per cent.
- Group Chief Investment Officer Bryan Yeo warned of 'pockets of hype and overvaluation' in the AI ecosystem, noting that 'concentration risk is something that we look at quite closely.'
- Singapore state investment company Temasek aims to raise its AI-related portfolio exposure to 15 per cent by 2031 from 6 per cent currently, mirroring GIC's strategic focus.
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Global Market: GIC to invest $30 billion more in hedge funds, doubles down on AI
Singapore's sovereign wealth fund GIC plans significant new investments. The fund will allocate an additional thirty billion dollars to hedge funds over three years. GIC is also expanding its exposure to artificial intelligence opportunities across various sectors. This strategic shift follows a period of more conservative investment and softer long-term returns. The fund aims to improve capital reallocation in an unpredictable global environmen…
GIC to invest another $38.8 billion in hedge funds
SINGAPORE - Singapore sovereign wealth fund GIC plans to deploy an additional $30 billion (S$38.8 billion) into hedge funds and is spreading its bets across AI, top executives said, while reporting its weakest long-run returns since 2020.Group Chief Investment Officer Bryan Yeo said the money would be allocated over three years and that the fund's top executives see opportunities in...
Singapore’s GIC to invest another $30 billion in hedge funds
By Yantoultra Ngui, Rae Wee and Xinghui Kok SINGAPORE, July 24 (Reuters) - Singapore sovereign wealth fund GIC plans to deploy an additional $30 billion into hedge funds and is spreading its bets across AI, top executives said, while reporting its weak...
Financial Post
Live MintAsia Hedge Funds Hurt by July Selloff After Strong First Half
Asia-based hedge funds have been caught up in the July selloff after the fervor for artificial intelligence and technology hardware propelled double- or even triple-digit returns in the first half.
Hedge funds’ assets grew by a record amount in the last quarter. The historic growth was fueled by a surge in stock markets driven by artificial intelligence and institutional investors’ shift away from private equity and debt funds towards more flexible hedge funds, the Financial Times reports.
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