Government Investment Corporation
The Government Investment Corporation (GIC) is a sovereign wealth fund established by the government of Singapore in 1981. Its primary purpose is to manage the country's foreign reserves and invest them in various asset classes, including equities, fixed income, and real estate, to generate long-term returns for the nation.
GIC operates independently and aims to preserve and enhance the value of Singapore's assets. It plays a crucial role in ensuring the financial stability of the country by diversifying investments globally, thereby contributing to Singapore's economic growth and resilience.