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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Market, Performance

Temasek says it will hold on to ‘family jewels’

Posted on 31 July 2009

From Businessday.co.za: Temasek Holdings, reeling from the aborted appointment of Charles Goodyear, said yesterday it had lost more than S40bn ($27,7bn) in asset value and that the sovereign fund might allow public investment for the first time.

The Singapore investment company would seek “sophisticated investors” and would not sell the “family jewels” for short-term gains, CEO Ho Ching, the wife of Singaporean Prime Minister Lee Hsien Loong, said………Full Article: Source


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