Focus on Australia: GIC Joins Canadian PPFs in Setting Up Sydney Office

Singaporean sovereign wealth fund GIC is set to join four other foreign state-owned investors in setting up an office in Sydney, Australia.The office, which will be the fund’s 11th worldwide, will be established in 2022. Other funds with offices established in the city are all Canadian public pension funds: CDPQ, CPP, OMERS and OPTrust.Global SWF data shows...