Singapore’s ‘voracious’ GIC tops list of most active state-linked investors, ahead of China and Japan

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Singaporean sovereign wealth fund GIC emerged as the most active state-owned investor in the world last year, outranking larger state funds from China, Norway and Japan, as other investors downshifted amid the volatility brought on by the coronavirus pandemic.According to a report by independent data and analysis platform Global SWF comparing the activities of 438 state-owned investors, GIC, the 10th-largest state fund worldwide, deployed US$17.7 billion into 65 deals – down slightly from US$24…

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