04.01.2010 - We are bullish on telecom, infrastructure: Temasek Executive
From Business-standard.com: Singapore’s Temasek, which is one of the largest sovereign wealth funds, manages $6.4 billion assets under in its South Asia portfolio. A majority of these investments are India-centric. The fund has invested in top Indian companies such as ICICI Bank and Tata Sky. The Singapore-based entity’s Senior Managing Director and Head for India, Manish Kejriwal says: "It has been extremely challenging to raise funds in the current climate. I expect the fund-raising environment to ease a bit but still remain extremely difficult over the coming year, when funds will be smaller and fund-raising periods longer.".........................................Full Article: Source
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