Seek out real assets, sustainability for returns, says GIC chief

Budding asset owners need to look further afield from traditional equities and bonds and seek out bottom-up opportunities in areas such as real assets if they are to have a chance of enjoying decent returns in today's generally low rate environment, warned the head of GIC.  Lim Chow Kiat, GIC Liam Chow Kiat, chief executive of the Singaporean sovereign wealth fund, believes that today's 1% to 2% projected returns are equivalent to 6% to 8% of a few decades ago, meaning ass…