Acting Minister for Transport and Senior Minister of State for Finance Jeffrey Siow shared in Parliament on 12 Jan 2026 that the Government assesses GIC and Temasek's performance mainly against their different mandates and risk profiles, and not with other funds. The key focus has been on their respective long-term performance, rather than short-term fluctuations, that is achieved within acceptable risk limits. On this basis, GIC has achieved a real return of 3.8% per annum over the past 20 year
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