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Sovereign Wealth Funds Briefing - Categorized | Investment, Trends

Temasek shifts focus to tech amid global search for yield

Posted on 13 July 2016

Telecommunications, media and technology have overtaken financial services in Temasek’s portfolio. Taking bets in the tech sector entails higher risk. Stock markets can be capricious, and even Temasek Holdings is at their mercy, as the company’s latest results show.
Amid a volatile year on global bourses, the Singapore investment company suffered its first portfolio decline since the 2009 global financial crisis, pointing to more tough times ahead. The firm’s net portfolio value fell to $242 billion for the financial year ended March 31, down from $266 billion a year ago………………………………………..Full Article: Source


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VRS - who has written 19873 posts on Opalesque Sovereign Wealth Funds Briefing.


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