Daily Archives: 2013-08-02

GIC: Some real, some nominal, no S$ returns?

By Leong Sze Hian 4% real returns last 20 years? I refer to the article “GIC reports steady 4% real returns” (Straits Times, Aug 2). Stopped reporting in both S$ & US$ since 2009? According to the GIC annual report, “The nominal rates of return have been reported in USD terms since our 2009 report as the USD is the most …

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