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Sovereign Wealth Funds Briefing - Categorized | Market

Singapore wealth funds ramp up Europe activity

Posted on 06 November 2013

Singapore’s two main government-linked investors, Temasek and GIC Private, have quietly ramped up their activity in Europe this year as the region’s economic woes and the UK’s recovering financial sector have thrown up opportunities.
Last month GIC, Singapore’s sovereign wealth fund, took a 28.5 per cent stake in Rothesay Life, a UK company controlled by Goldman Sachs that insures UK companies against the expense and volatility of their defined benefit pension plans………………………………………..Full Article: Source


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