03.03.2015 - No change to Temasek investment strategy despite capital-gains inclusion
Temasek Holdings said it will not change its strategy of seeking sustainable long-term investment returns, amid suggestions that it should hold more liquid assets and settle for lower returns now that its capital gains are to be included in the Government’s coffers. Such suggestions for Temasek to take a more conservative investment stance emerged following Finance Minister Tharman Shanmugaratnam’s Budget speech last Monday that the Government is “now ready” to include the company’s total expected returns — including realised and unrealised capital gains — into the Net Investment Returns (NIR) framework...............................................Full Article: Source
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