Sun, Aug 31, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Market, Performance

More woes for Singapore sovereign wealth funds

Posted on 14 January 2010

From Temasekreview.com: A monkey throwing darts at the share pages of the Financial Times could have made bucket loads of cash over the last year. But Singapore’s super-smart sovereign wealth funds, which lost billions of dollars by investing in Western banks at the height of the bubble, seem to be having renewed difficulties even while every other Joe is lining their pockets.
The estimated $675 million that the Government of Singapore Investment Corporation (GIC) appears to have lost on a bad property investment in New York is arguably the least of Singapore’s overseas investment problems…………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 14644 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

August 2014
M T W T F S S
« Jul    
 123
45678910
11121314151617
18192021222324
25262728293031