GIC Increases Americas Exposure to 53% in Fiscal Year Ending March 31

According to GIC, Singapore's sovereign wealth fund rebalanced its geographic allocation for the fiscal year ending March 31. Exposure to the Americas rose to 53% from 49% year-over-year, while Asia-Pacific exposure declined to 22% from 24%. The fund's exposure to Europe, Middle East, and Africa fell to 19% from 20%.
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