Government of Singapore Investment Corp., manager of more than $100 billion of reserves, said real estate and private equity in emerging economies will present more rewarding opportunities than equity markets.

 

“While publicly listed equities is likely to remain GIC’s main implementation vehicle for our emerging market strategy, our view is that the private markets such as real estate and private equities will present even more rewarding opportunities,” GIC’s Chief Investment Officer Ng Kok Song said at a private wealth management conference in Singapore today.