30.10.2015 - How Singapore’s S$266 billion investment giant Temasek rode the Chinese share boom
Unorthodox, resilient and with an enviable earnings record, sovereign wealth fund Temasek is not frightened by the equities roller-coaster. When the Singapore sovereign wealth fund Temasek unveiled an almighty 19.2 per cent one-year return to shareholders in July this year, many questions followed. Aren’t sovereign funds supposed to be staid and boring, aiming for a shade over inflation? How much risk are they taking to come out with a number like that? How do we do the same? Numbers like these – a total shareholder return of 16 per cent a year since inception in 1974 and 9 per cent annualised over the deeply troubled past 10 years – cause many new sovereign vehicles to look to Temasek as a role model...............................................Full Article: Source
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