GIC concerned over 'high uncertainty' in global investment environment

Singapore

GIC is concerned over the "high uncertainty" in the global investment environment, compounded by increased market valuations and low volatility especially in developed markets, said its CEO Lim Chow Kiat.

"The potential reward for risk taking is not particularly favourable," he said in a speech at a forum in São Paulo on March 14 to celebrate the Singapore sovereign wealth fund's five years of physical presence in Brazil.