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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration

Temasek’s next boss: Insider or outsider?

Posted on 02 August 2010

From WSJ: The search for a new boss to run Singapore’s Temasek Holdings Pte. Ltd., one of the world’s most influential sovereign-wealth funds, will soon get under way. Within this small city-state, just who will take charge of its US$135 billion portfolio, an insider or an outsider, has become a deeply controversial question.
Many institutions in the middle of a leadership change struggle with the same question, but it is especially sensitive with a state-owned investment fund controlling so much national wealth, where a limited local talent pool means outsiders are often foreigners—and when a past effort to recruit abroad ended badly……………………………………….Full Article: Source


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