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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Singapore sovereign-wealth fund increases Brazil investments

Posted on 06 July 2012

Temasek Holdings, Singapore’s sovereign-wealth fund, is increasing its exposure to Brazil and the rest of Latin America because of the region’s strong long-term growth prospects, the company said. Temasek invested a total of 58 million reais ($28.6 million) in two Brazilian companies in the fiscal year ended March 31.
“Temasek continues to increase its exposure to Brazil and other growing economies in Latin America,” said Matheus Villares, director of investments in Brazil. “We continue with a positive perspective for Brazil’s growth potential and the potential of the region in the long term.”……………………………………….Full Article: Source


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