Singapore wealth fund GIC warns of low returns amid trade war
Published on: Tuesday 02 July 2019
SINGAPORE, July 3- Singapore sovereign wealth fund GIC Pte Ltd said it is now more cautious about the investing environment than it was last year and is bracing for low returns due to high valuations and slowing economic growth. But while GIC, among the world's biggest investors, is worried about heightened political and policy uncertainty, including the...
News source: https://www.cnbc.com/2019/07/02/reuters-america-singapore-wealth-fund-gic-warns-of-low-returns-amid-trade-war.html