In terms of investment, how significant is the GIC in relation to global standards?

The Government of Singapore Investment Corporation (GIC) is indeed among the largest institutional investors globally, managing a substantial portfolio that spans various asset classes and regions. This status positions GIC as a major player in the international investment landscape, allowing it to influence market trends and attract attention from investors and financial markets worldwide.

As a significant sovereign wealth fund, its size and the diversification of its investments underscore its importance on both a regional and global scale. This capacity to invest heavily and in a wide variety of asset classes means that GIC can seek long-term returns and stability, making it a critical vehicle for the investment of Singapore's foreign reserves.

In contrast, the other statements do not reflect the GIC's role and capabilities accurately. Its assets far exceed USD 50 billion, making it a giant in the investment world, and its investment strategy is not limited to local real estate. While it does invest in real estate, it also diversifies its portfolio across many sectors and geographic locations. Additionally, GIC is not restricted to managing government pension funds alone but rather has a broader mandate that includes a wide range of investment activities, enhancing its influence and presence in the global market.