20.07.2009 - Temasek eyes downside protection in risk review
From Forbes: Burned by losses from big Western banks, Singapore investor Temasek may shift its risk management strategy towards that of peer GIC, building layers of protection before making multi-billion dollar investments. With an imminent change of leadership, the city-state's smaller wealth fund is reviewing its risk strategy after it lost more than $4 billion this year from dumping stakes in Bank of America and Barclays...........Full Article: Source