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Sovereign Wealth Funds Briefing - Categorized | Performance

Singapore wealth fund loses steam

Posted on 11 February 2009

From Bbc.co.uk: The value of Singaporean sovereign wealth fund Temasek Holdings contracted last year as the economic downturn dented the value of its investments.

Temasek said its portfolio had shrunk 31% to 127 billion Singapore dollars (£57.2bn; $84.7bn) in November 2008, down from S$185bn at the end of March. …. Full Article: Source


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