GIC Lifts Americas Investments on AI Increase; APAC Holdings Fall
(Bloomberg) — Singapore’s GIC Pte ramped up investments within the Americas whereas its Asia-Pacific holdings declined, because the sovereign wealth fund wagers that the US will profit most from the substitute intelligence growth. North and South America accounted for 49% of GIC’s belongings as of March, up from 44% a 12 months earlier. Asia-Pacific belongings … Read more