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

Good investments boost Singapore sovereign fund

Posted on 05 July 2013

Singaporean sovereign wealth fund Temasek posted a 9% portfolio gain, equal to US$215 billion. The company said that the growth was due to the global recovery and a series of successful investments in energy and resources sector.
Temasek made investments worth US$20 billion since the year started, and divested a total of $13 billion. The energy and resources industry received a total of US$4 billion from the sovereign wealth fund, prompting its shareholder profit to increase by 8.86%………………………………………..Full Article: Source


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