08.07.2011 - Temasek Singapore wealth fund hits record value
Singapore's state investment fund says the value of its portfolio rose 3.8% to a record 193bn Singapore dollars ($157bn; 98bn) in the year to March. Temasek Holdings, whose assets include stakes in UK bank Standard Chartered and two of China's biggest banks, made net profits of S$13bn, up from S$5bn. Temasek said in a statement that it was "ready" to invest in more mature economies, such as the US..............................................Full Article: Source
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