| Singaporean sovereign wealth fund Temasek posted a 9% portfolio gain, equal to US$215 billion. The company said that the growth was due to the global recovery and a series of successful investments in energy and resources sector.
Temasek made investments worth US$20 billion since the year started, and divested a total of $13 billion. The energy and resources industry received a total of US$4 billion from the sovereign wealth fund, prompting its shareholder profit to increase by 8.86%...............................................Full Article: Source |