Norwegian SWF recorded US$138 bil profit in 1/2 year, GIC fallen to 10 yrs low
#1

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Reported: Norwegian SWF recorded US$138 billions profits in half years results, GIC fallen to 10 years low.

Are they operating in different planets?

"GIC RETURNS FALL TO 10-YEAR LOW AS REAL ESTATE ALLOCATION HOLDS STEADY
2024/07/25 

Singapore’s GIC saw its investment performance fall to a more than 10-year low during the year ending 31 March, with a report released by the sovereign wealth fund showing it annualised rate of return over the past two decades falling to 5.8 percent from 6.9 percent a year earlier.""

Note
On record, Norwegians do not ranked world's  highest IQ or passed in EU PISA test..
Thinking
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#2

For past 20 years Norwegian SWF has been a good benchmark 

Why GIC keep barking up the wrong trees?

Why ex PM Lee didn't monitored closely GIC deterioration?
Shutup
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#3

(16-08-2024, 04:19 AM)Scythian Wrote:  For past 20 years Norwegian SWF has been a good benchmark 

Why GIC keep barking up the wrong trees?

Why ex PM Lee didn't monitored closely GIC deterioration?
Shutup
.
GIC is a disgrace to the nation.
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#4

This Norwegian SWF is setup with top priority to make money mah....

I am just a tiny plankton in the ocean.
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#5

(16-08-2024, 04:01 AM)Scythian Wrote:  ..
Reported: Norwegian SWF recorded US$138 billions profits in half years results, GIC fallen to 10 years low.

Are they operating in different planets?

"GIC RETURNS FALL TO 10-YEAR LOW AS REAL ESTATE ALLOCATION HOLDS STEADY
2024/07/25 

Singapore’s GIC saw its investment performance fall to a more than 10-year low during the year ending 31 March, with a report released by the sovereign wealth fund showing it annualised rate of return over the past two decades falling to 5.8 percent from 6.9 percent a year earlier.""

Note
On record, Norwegians do not ranked world's  highest IQ or passed in EU PISA test..
Thinking

Why u so buay kan? Everyday 24/7 can only complain? Do something meaningful with your life instead of complaining lah.
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#6

With this kind of returns, it mean the Norway portfolio is very much on stock market.

Temasek GIC are more diversified but returns and risk minimized. Clapping


Smile
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#7

(16-08-2024, 07:36 AM)Niubee Wrote:  With this kind of returns, it mean the Norway portfolio is very much on stock market.

Temasek GIC are more diversified but returns and risk minimized. Clapping

Despite CPF Board paying OA @ ridiculous low interest rates of 2.50% p.a. ( W/O any alternative), GIC performance reflects a total disgrace to the nation.
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#8

(16-08-2024, 07:52 AM)Blin Wrote:  Free high capital also hard to make  money. What If with low capital ?

Country like us need to secure hard assets and not this paper money Billions. Geddit? Wink


Smile
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#9

(16-08-2024, 07:18 AM)winbig Wrote:  Why u so buay kan? Everyday 24/7 can only complain? Do something meaningful with your life instead of complaining lah.

With no signs of changing course in sight, GIC longer term profitability chart will continue heading south.

SOS - beware of iceberg in Antarctica.
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#10

(16-08-2024, 07:53 AM)Niubee Wrote:  Country like us need to secure hard assets and not this paper money Billions. Geddit? Wink

You lying..

Singaporean state-owned investor Temasek Holdings Pte spent billions of dollars in the second quarter buying shares in US technology giants, just before the sector dropped in July 2024.

23 hours ago
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#11

(16-08-2024, 08:05 AM)Scythian Wrote:  You lying..

Singaporean state-owned investor Temasek Holdings Pte spent billions of dollars in the second quarter buying shares in US technology giants, just before the sector dropped in July 2024.

23 hours ago

How many % of portfolio?


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#12

(16-08-2024, 08:07 AM)Niubee Wrote:  How many % of portfolio?
OMG!

Temasek made profits of S$ 7 billions in one whole year 2023/2024

In comparison, a monkey throwing darts is making.more money
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#13

.
Temasek can't swim
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