All these so-called expert advisors are NOT responsible when they help you lose your money.

It's so easy to just claim they can replicate past returns, or to match or surpass some benchmarks. It's another matter if they ever place their own money where their mouth is. Try listening to their barrage of excuses when they lose money for you and yet still collect their hefty fees.

If 6-8% is easy, GIC should just let these "good" advisors handle the national reserves, instead of hiring a huge team of scholars achieving a lackluster 4% over 20 years, a figure published in its website:

"In its annual report for 2012/2013, GIC reported 5, 10 and 20-year annualised nominal returns in USD terms of 2.6%, 8.8% and 6.5% respectively. It also reported a 20-year real rate of return of 4.0%."