23.02.2009 - Give our SWFs some time to improve on their transparency
From Sgblogs.com: Singapore's two Sovereign Wealth Funds - GIC and Temasek Holdings have drawn considerable flak over the past few days from both the foreign media and local bloggers on their reluctance to release more information about their investment strategies, directions and operations to the public. Part of the anger swelling from the ground is understandable - the funds have lost about S$100 billion dollars of taxpayers' monies in between them which is an awful sum given the current economic predicament we find ourselves in..... Full Article: Source
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