Ah gong go to heaven, GIC annualised 20-year real return also drop liao

[TerrexLee]

SINGAPORE: Singapore sovereign wealth fund GIC posted a drop in its key metric of investment performance for the last financial year, as it warned of a challenging environment ahead due to stretched valuations and heightening trade frictions.

For the year ended Mar 31, the 20-year annualised rate of return - GIC’s most important benchmark - slipped to 3.4 per cent from 3.7 per cent a year ago, according to the latest annual report released on Friday (Jul 13). This marked the third consecutive year of decline since the return rate hit 4.9 per cent in FY2014/15.

SO ZHUN HOR??????

More at GIC’s annualised 20-year real return slips to 3.4%

 

[AhMeng]

No audit, ownself declare ownself song? Songbo SB70? Lol

 

[frenchbriefs]

I wonder how they gonna pay cpf 3.5 percent interest.....i remember when gic returns used to be 6.5 percent.

 

[shittypore]

Cant pay, just write on a piece of paper IOU frm GIC, after all wat can you and I do!!!

 

[Froggy]

No audit, ownself declare ownself song? Songbo SB70? Lol

 

[hairylee]

You think those responsible cares?

 

[Johnrambo]

 

[SalahParking]

Shocking! They lost money again.

 

[Seee3]

I wonder how they gonna pay cpf 3.5 percent interest.....i remember when gic returns used to be 6.5 percent.

It is ok to just put in paper, a statement that interest earned is $xxxx, if there are means to ensure that the sum with principal cannot be withdrawn.

 

[Froggy]

Shocking! They lost money again.

Make money lah. Just making less only.

 

[halsey02]

Make money lah. Just making less only.

Is this the same as, on diet, eating less, but actually wallet has no credit cards to spend or even much printed currency notes, basic ones like those red in colour, same right?

 

[Froggy]

Is this the same as, on diet, eating less, but actually wallet has no credit cards to spend or even much printed currency notes, basic ones like those red in colour, same right?

You very cheem man

 

[steffychun]

Ho Ching will blame Yang and Ling.

 

[musashi]

 

[Froggy]

Shhhhhh go sleep

 

[SalahParking]

Make money lah. Just making less only.

GIC lost big money. over 1 period. How on earth do you pull down a 20 year moving average, if they didnt do something dumb.

 

[eatshitndie]

that's because they don't have the ho running it.

 

[halsey02]

that's because they don't have the ho running it.

The ho had ruined many holes over the past 30 plus years & is till running & ruining it..

 

[eatshitndie]

The ho had ruined many holes over the past 30 plus years & is till running & ruining it..

it's all dogsbody work, thus very boring, uninspiring, and thankless.

 

[frenchbriefs]

GIC lost big money. over 1 period. How on earth do you pull down a 20 year moving average, if they didnt do something dumb.

at the beginning they were boosted by strong economic growth in sg and luck,but over time,truth began to show itself and reversion to mean began,their mediocrity and lack of talent began to show itself........short term results equal luck long term is the truth.......3.4 percent 20 year annualised returns,any fund manager with that kind of results need to be fired long ago.my portfolio could consist of 100 percent bonds and i could generate 3 percent growth.