Temasek Holdings has appointed former chief financial officer of UBS John Cryan as its European president. This is a newly-created role and market watchers said the investment firm could be looking at expanding its investments in Europe.
Currently, Temasek has limited exposure in Europe and its largest investment there is Standard Chartered. According to Temasek's annual report, 77 per cent of its S$193 billion (US$150 billion) portfolio as of 31 March 2011 is in Asia...............................................Full Article: Source
|