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Sovereign Wealth Funds Briefing - Categorized | Market, People

Temasek not typical sovereign wealth fund: Lim Boon Heng

Posted on 06 December 2013

Temasek Holdings is not a typical sovereign wealth fund, said chairman Lim Boon Heng at a conference this morning. It has to pay tax, it is run independently from the Government in day-to-day business operations, it has a board of largely independent directors, he told a group of fund managers, academics and other sovereign wealth fund executives.
Governance matters to the institution, and it has a disciplined approach to evaluating long-term returns, he added………………………………………..Full Article: Source


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