57.43 determined based on Median of the 3 historical models. The Board Risk Committee sets the overall direction of risk management policies and practices in GIC. A recent example is the COVID-19 pandemic. Over the 10-year period, the GIC Portfolio returned 5.2% per annum, as it included the prolonged upturn in the capital markets after the 2008 Global Financial Crisis. Regular and targeted training is conducted and an annual compliance quiz is administered to reinforce awareness and understanding, and to strengthen GICâs compliance culture. Real estate assets, in particular, also serve as a hedge against inflation. Through these experiences, we recognize the importance of agility and flexibility to adapt broad plans to cater to each situation. The FSB Task Force on Climate-related Financial Disclosures (TCFD) develops voluntary, consistent climate-related financial risk disclosures for use by companies. The Policy Portfolio comprises six asset classes: Developed Market Equities, Emerging Market Equities, Nominal Bonds and Cash, Inflation-linked Bonds, Private Equity, and Real Estate. Applying O-D-E Framework to Sustainability & Technology. They provide appropriate day-to-day risk oversight and control. The ISG team optimises our ability to invest flexibly and collaboratively across asset classes, drives innovative investment themes, and enables cross-asset investment opportunities. GIC is a global long-term investor that manages Singapore's foreign reserves. Each active strategy is funded by the sale of a Policy Portfolio asset class or combination of asset classes with a similar overall risk profile. They are responsible for ensuring that an appropriate risk-and-control environment and robust processes are in place as part of their day-to-day operations. Compliance risk refers to the risk of legal or regulatory sanctions, financial loss or reputational damage arising from non-compliance with applicable laws and regulations. Additionally, the local teams adjust and implement measures based on the latest national standards and developments. In private markets, we invest in opportunities that have the potential to generate high long-term real returns and the ability to diversify the portfolio. Additionally, the Investment Board ensures that GIC takes into account potential reputational risks arising from investment activities. 57.43 Intrinsic Value based on Median Price / Sales Model : Rs. Additionally, the in-house legal team works with external lawyers to address legal risks. GIC Fixed Income is broadly organised along three areas: Global Macro, Global Credit, and Cross-asset Systematic Investing. Read more at The Business Times. ), you’ll receive a steady return on your investment. A well-balanced portfolio typically includes a blend of products and assets that can hedge against risk while meeting short- and long-term investment objectives. We maintain regular dialogues with the senior management and boards of directors on these issues. The key to implementing our investment framework is a disciplined approach to long-term value investing. GICâs management views sustainability as a key priority. Diversification enables the Policy Portfolio to generate good risk-adjusted returns over a 20-year period. In GIC, portfolio construction is founded on the following principles that define the fundamental basis upon which we allocate capital: Playing to oneâs strengthsWe pick and size asset classes and active strategies within the GIC portfolio according to our investment capabilities. Strategy âAâ is therefore expected to generate a return above that of the combination. The risk management function sets and monitors performance and risk review thresholds independently to highlight potential changes in risk-taking behaviour and inconsistencies with the stated risk and return assumptions. These considerations, which include track record, ability, and integrity of management teams and business practices, are integral to our investment process. They provide support for deal closing, investment and data operations, investment reporting, management reporting, portfolio accounting, valuation, and financing. Each employee has individual accountability and clearly defined responsibilities within our risk management framework. The active risk budget establishes the total level of risk for the Active Portfolio. We protect our portfolio value by: Understanding the threats and opportunities driven by the technology shift: One significant benefit from investing in new businesses is a better appreciation of the threats and opportunities faced by incumbent companies. After a three-year period with an initial investment of $100,000, the total value of the client’s portfolio would be approximately $115,763 without the fee and $112.337 with the fee. As on 24-Dec-2020, the Intrinsic Value of GIC HOUSING FINANCE LTD is Rs. The Active Portfolio comprises a group of investment strategies that adds value to the Policy Portfolio while broadly maintaining the same level of systematic risk. There will be differences in exposures and level of risk between the GIC Portfolio and the Reference Portfolio. The team is a strategic internal partner to our senior stakeholders in building and managing our organisation's total portfolio, and contributes directly to GIC's total performance. Actively engaging our portfolio companies to improve corporate governance, ensure resilience against climate risks, and advocate for other positive environment and social outcomes. GIC Management is empowered to add value within the risk limits stipulated by the GIC Board through the Active Portfolio which comprises active, skill-based strategies. The GIC Portfolio is constructed to be resilient across a broad range of possible market and economic conditions, while generating good returns above global inflation in the long term. Adopting a tech-driven and innovative culture: We recognize the need for culture change, including the use of agile methods in our processes, greater experimentation and openness to learn and use new technology. The Policy Portfolio represents GIC’s asset allocation strategy over the long term. 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