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Sovereign Wealth Funds Briefing - Categorized | Market, Performance

Temasek and transparency

Posted on 13 February 2009

From WSJ: Singapore’s state-owned investment fund Temasek announced a change in leadership last week to a non-Singaporean CEO. We hope his appointment heralds a new era of openness.
Temasek manages public monies, yet much of what it does is hidden from the public it aims to serve. Its stated mission is “to create and maximise long-term shareholder value as an active investor and shareholder of successful enterprises.” But to what end? To support Singaporeans in times of recession, like now?…. Full Article: Source


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