05.07.2012 - Singapore's Temasek may shed light on bank holdings, Europe plans
Singapore state investor Temasek Holdings is expected to shed more light in its annual review on how it plans to reshuffle its portfolio as Asian bank shares slump, and where its European strategy stands as the euro zone debt crisis heads towards its fourth year. Sovereign wealth funds such as China Investment Corp are struggling to deliver decent shareholder returns at a time when the European crisis and an anaemic U.S. economy are depressing capital markets from Brazil to Hong Kong. MSCI's broadest index of Asia-Pacific shares outside Japan fell 10.4 percent in the year ended March...............................................Full Article: Source
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