Investment Policy & Strategy

"Picking the right mix of asset classes is by far the most critical investment decision for any investor, including GIC. IPS thus strives to give our policy portfolio the best chance of achieving the GIC investment objective. We also help add value through timely shifts in the asset mix."
- Mr Aje Saigal, Director, Investment Policy & Strategy

The Investment Policy & Strategy Department (IPS) is responsible for recommending long-term asset allocation strategies and changes in investment policy to our Board Investment Committee. The management also draws on the department's strategic capabilities in implementing medium-term asset allocation overlays.
IPS spearheads efforts to optimise our strategic asset allocation process. The resultant policy asset mix specifies the size of funds to invest in each asset class and forms the core of GIC's investment approach. The department's focus is on issues of concern to the Board Investment Committee. This includes ensuring that GIC's policy asset mix and investment structure maximises GIC's ability to achieve its long-term investment objective at a prudent level of risk.

Given the continually changing nature of the global investment landscape, IPS conducts regular reviews of the policy asset mix. The impact of macro-economic conditions and new developments in capital markets are evaluated at each review. New asset classes undergo a rigorous assessment before being recommended for addition to the policy asset mix, and are added to improve the long-term risk-return characteristics of our portfolio.

Management also regularly taps IPS for strategic advice when implementing medium-term asset allocation strategies that can add value to our policy asset mix.