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Sovereign Wealth Funds Briefing - Categorized | Performance

Temasek takes severe hit

Posted on 09 February 2009

From Nationmultimedia.com: Ho Ching’s resignation as CEO of Temasek Holdings would not cloud heavy losses of about 40 per cent at Singapore’s sovereign wealth fund amid the global financial market meltdown.

The Government Investment Corporation of Singapore (GIC) is also suffering similar heavy losses….. Full Article: Source


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