Fixed Income

"At the most basic level, investing is an individualised craft. Success in it depends to a large extent on the talent and passion of individuals. But individual efforts are insufficient for the scale and complexity of our operation. To do our job, we need to organise the talents into a 'manufacturing process' that is predictable, scaleable and efficient. Managing the tension between craftmanship and manufacturing process is a key challenge of our work."
- Mr Lim Chow Kiat, Director, Fixed Income

The Fixed Income Department (FI) manages GIC's global bond investments. In addition to implementing asset allocation decisions, it engages in active management to generate consistent excess return over market benchmarks. Its universe is global and spans multiple sectors including G10 interest rates, credit, emerging markets and convertible bonds. Its investment process emphasises decentralised risk taking, robust risk management and specialisation. Its portfolio managers operate out of Singapore, London and New York.