11.02.2009 - Singapore wealth fund loses steam
From Bbc.co.uk: The value of Singaporean sovereign wealth fund Temasek Holdings contracted last year as the economic downturn dented the value of its investments. Temasek said its portfolio had shrunk 31% to 127 billion Singapore dollars (£57.2bn; $84.7bn) in November 2008, down from S$185bn at the end of March. .... Full Article: Source