ICPM is thrilled to welcome GIC to the network. As Singapore’s sovereign wealth fund, it was established in 1981 as a private limited company under the Singapore Companies Act to manage Singapore’s foreign reserves by investing in global markets. Today, it is one of the largest capital providers across all regions and sectors, investing in over 40 countries for long-term returns, for current and future generations. GIC’s asset allocation strategy spans three asset groups – Equities, Fixed Income, and Real Assets. These include investments in developed and emerging market equities, nominal and inflation-linked bonds, private equity, real estate, alternatives, and infrastructure. The fund is headquartered in Singapore, with a global presence including a talent force of over 2,300 people in 11 key financial cities.

“GIC is one of the most sophisticated funds in the world and will undoubtedly bring unique insights to the ICPM network,” says Sebastien Betermier, ICPM Executive Director. “We welcome this new voice from the asset owner community in Asia, whose presence we aim to grow in the coming years.”

ICPM is now a network of 54 pension funds with GIC being the first in Singapore.