Tue, May 26, 2015
A A A
Welcome asarmad
RSS

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

PM defends Temasek, GIC

Posted on 08 December 2008

From Asia One: Singapore Prime Minister Lee Hsien Loong on Friday defended the performance of state-owned investment companies after a plunge in the value of their stakes in Citigroup, Merrill Lynch & Co and other global banks.

He said the Government of Singapore Investment Corp (GIC) and Temasek Holdings Pte, which manage more than US$100 billion (S$151 billion) of assets each, should be assessed on their overall portfolio returns instead of the performance of specific assets, Bloomberg news reported….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 16315 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
May 2015
M T W T F S S
« Apr    
 123
45678910
11121314151617
18192021222324
25262728293031