06.07.2012 - Temasek’s Asian exposure dips in FY12, unlisted portfolio up
Singapore’s sovereign wealth fund Temasek saw its global portfolio value inch up 2.6 per cent to close the year ended March 2012 at a record $153 billion, although it is a deceleration in growth compared to the previous fiscal, at a time when its exposure to Australasia and the economically troubled markets of North America and Europe gained at the cost of Asia. Temasek, one of the two sovereign funds of the Singapore government, saw its exposure to Asia (outside of Singapore which covers China, India, Japan and the rest of South-east Asia) shrink to 42 per cent compared to 45 per cent in the previous fiscal ended March 2011...............................................Full Article: Source
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