GIC’S GUIDE TO
long-termism
Long-termism is key to GIC’s investing approach to achieve our
mission of a good return above global inflation over the long term.
HERE’S HOW WE GET THERE:
We keep all stakeholders
apprised of any issues and
challenges. Nomenclature is
destiny; how and what we say
is key in bringing out the right
behaviours in our people.
CONSISTENT
COMMUNICATIONS
Long-termism is who we are, from
top to bottom. We develop our
people, measure performance over
multiple time periods at the total
portfolio level, and differentiate
process from outcome.
ENTERPRISE
ALIGNED
GIC is a long-term value investor.
We seek to compound fundamental
value and source opportunities in price
value divergence. We strive to assess
value well and maintain price discipline,
even in the face of market fluctuations.
CLEAR INVESTMENT
PHILOSOPHY
Our stakeholders trust our leadership.
The strength of our governance rests
on having clear approval authority,
regular reporting and separation
of conflicting roles.
STRONG
GOVERNANCE
GIC’s sole mission is to preserve
and enhance the international
purchasing power of Singapore’s
financial reserves under our
management. Our main
investment metric is the rolling
20-year real rate of return.
SINGLE
MANDATE
Putting these principles into practice requires constant
vigilance and discipline. The entire ecosystem needs to
share the same long-term orientation.