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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Investment

Government does not direct Temasek’s investment decisions: Temasek chairman

Posted on 05 December 2013

It is commonly believed that sovereign wealth funds often invest on behalf of governments for strategic reasons and as an instrument of foreign policy, but Temasek Holdings does not share the characteristics of most sovereign wealth funds, said its chairman Lim Boon Heng.
In his first public speech as Temasek’s chairman, the former politician said the founding of Temasek was premised on a separation between the Government’s role as a policymaker and as a shareholder. The Singapore government is the sole shareholder in Temasek Holdings………………………………………..Full Article: Source


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