The Singapore Government Investment Corporation plans to deploy $30 billion to hedge funds over the next three years as part of its ongoing strategy to reap diversified benefits. “Hedge funds are a good strategy because they are less relevant to our other existing excess income strategies,” said Bryan Yeo, chief investment officer of the Singapore Government Investment Corporation Group. “From a portfolio perspective, its market beta is low, and it can also form a decentralized allocation effect with traditional stock, fixed income, credit, and private equity market strategies.” The sovereign wealth fund said on Friday that in the past ten years, the size of its hedge fund investment has tripled and plans to further expand based on this good track record.

The Singapore Government Investment Corporation plans to deploy $30 billion to hedge funds over the next three years as part of its ongoing strategy to reap diversified benefits. “Hedge funds are a good strategy because they are less relevant to our other existing excess income strategies,” said Bryan Yeo, chief investment officer of the Singapore Government Investment Corporation Group. “From a portfolio perspective, its market beta is low, and it can also form a decentralized allocation effect with traditional stock, fixed income, credit, and private equity market strategies.” The sovereign wealth fund said on Friday that in the past ten years, the size of its hedge fund investment has tripled and plans to further expand based on this good track record.