SINGAPORE - Singapore sovereign wealth fund GIC plans to deploy an additional $30 billion (S$38.8 billion) into hedge funds and is spreading its bets across AI, top executives said, while reporting its weakest long-run returns since 2020.Group Chief Investment Officer Bryan Yeo said the money would be allocated over three years and that the fund's top executives see opportunities in global macro, quantitative and multi-strategy funds, which span multiple assets and can adjust quickly when conditions change.«These are three that we believe the go-forward environment is highly conducive on, and these are also the three types of managers that can actively and dynamically manage their risk and pivot ... as the investment landscape continues to evolve with all the uncertainties,» Yeo said, adding that GIC had tripled its hedge fund investments globally over the past decade.GIC on Friday (July 24) posted an annualised 20-year real rate of return of 3.4 per cent for the period ended March 31, 2026, down from 3.8 per cent a year earlier. That was its weakest performance since the 2.7 per cent reported in 2020, according to its annual report. Read more