22.06.2012 - Temasek expects smaller industry returns amid tough years
Temasek Holdings Pte, Singapore’s state-owned investment company, expects smaller returns for the asset management industry on anticipation the outlook will be difficult for years, said Gregory Curl, president and head of the Americas. Investment returns will be lower compared with historical gains, Curl, 63, said at an industry conference in Hong Kong. The U.S. represents considerable risks, he added. Temasek managed S$193 billion ($152 billion) as of March 2011...............................................Full Article: Source
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