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Sovereign Wealth Funds Briefing - Categorized | Performance

Temasek portfolio fell 31 pct in eight months

Posted on 11 February 2009

From AFP: The portfolio of Singapore sovereign wealth fund Temasek Holdings, which helped bail out Wall Street icon Merrill Lynch, fell 31 percent over eight months last year, a minister said Tuesday, according to local radio.

The report followed Temasek’s announcement last Friday that the wife of Singapore’s prime minister will step down after five years as chief executive of Temasek, one of the world’s largest sovereign wealth funds….. Full Article: Source


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