GIC expands AI adoption with tools to aid investment teams
The fund achieved an annualised nominal USD return of 5.7% over the 20 years ending 31 March 2025.
Singapore’s sovereign wealth fund GIC plans to broaden its adoption of artificial intelligence (AI) across the organisation, following encouraging results from initial experiments aimed at improving investment decision-making and operational efficiency.
The move follows the formation of GIC’s AI Council in 2023 and reflects the fund’s broader strategy to enhance decision-making processes.
As part of its AI initiatives, GIC is developing tools such as a virtual investment committee member, designed to support internal discussions by generating questions, testing assumptions, and offering alternative perspectives.
GIC’s investment teams are applying a segmented approach to AI-related opportunities. “AI, in particular, is a foundational shift offering unparalleled opportunities,” Lim said.
“Our investment teams are taking a granular approach to investing across the AI value chain, which includes enablers, monetisers, and adopters.”
The update was issued alongside GIC’s latest annual performance report. The fund achieved an annualised nominal USD return of 5.7% over the 20 years ending 31 March 2025.
After accounting for global inflation, the real rate of return was 3.8%. GIC noted that the 20-year real return remains its primary performance metric and is consistent with its mandate to preserve and grow the international purchasing power of Singapore’s reserves.
To navigate these challenges, GIC said it remains focused on portfolio resilience, which includes long-term value orientation and diversification across asset classes, sectors, geographies, and time periods.
“Granularity means taking a targeted investment approach,” Lim explained. “Agility is also crucial to enable GIC to act decisively as trends evolve.”