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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Temasek eyes food, energy after portfolio slump

Posted on 30 July 2009

From Reuters: Singapore state investor Temasek said its portfolio slid by at least $27 billion, or more than a fifth, in the year to March but it will stick with banks and sees opportunities in food and energy.

The fund saw potential in Asia and Latin America and was comfortable with financial services as ts core portfolio holding, despite being hurt by losses on high-profile investments in Western banks after the market meltdown last year, CEO Ho Ching said on Wednesday………Full Article: Source


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