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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal, Investment

Govt lets GIC and Temasek make own decisions

Posted on 10 March 2010

From Asiaone.com: The Government judges the Government of Singapore Investment Corporation (GIC) and Temasek Holdings on their overall portfolio performance, and does not discuss the individual deals of these sovereign wealth funds, Mrs Lim Hwee Hua said yesterday.

The Second Minister for Finance was replying to MP Inderjit Singh’s (Ang Mo Kio GRC) suggestion of more conservative mandates for GIC and Temasek as their investment outcomes affect Singapore’s reserves directly……………………………………….Full Article: Source


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