Singapore state funds slashed investments by more than half in 2023: Report

Singapore state funds slashed investments by more than half in 2023: Report

FILE PHOTO: A view of the skyline in Singapore, January 27, 2023. REUTERS/Caroline Chia/File Photo

Singapore’s sovereign wealth fund (SWF) GIC and state investor Temasek slashed their investments by more than half in 2023, while the Gulf funds continued to dominate the charts, according to the Global SWF Annual 2024 report.

Edited by: Joymitra Rai