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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

Temasek Raises Health-Care Bets, Adds More ADRs of JD.com

Posted on 17 May 2016

Temasek Holdings Pte built holdings of U.S. drugmakers and health-care companies in the first quarter as the Singapore investment firm expands bets on industries that will benefit from rising life expectancies and a growing middle class in emerging markets.
The state-owned investor bought American depositary receipts of drugmaker Beigene Ltd. and added to holdings of health-care companies including Gilead Sciences Inc., Illumina Inc. and Regeneron Pharmaceuticals Inc., according to a Monday filing with the U.S. Securities and Exchange Commission………………………………………..Full Article: Source


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