Thu, Dec 18, 2014
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Financials, Market, Performance

Temasek profits fall as global slowdown bites

Posted on 06 July 2012

Temasek Holdings realised a net profit of $10.7 billion on its S$198 billion ($157 billion) portfolio in the 2012 financial year to March 31, down 16% from its $12.7 billion profit from 2011, as a slowing global economy took its toll on the value of its portfolio assets.
The Singapore sovereign wealth fund’s net portfolio value grew from S$193 billion in the previous year. It invested S$139 billion during 2012 (while divesting S$87 billion), with a slight shift in holdings by geography that favoured the West over Asia………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 15416 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« Nov    
1234567
891011121314
15161718192021
22232425262728
293031