Monday 5 May 2014

Singapore’s Temasek tweaks global portfolio | GulfNews.com

Singapore’s Temasek tweaks global portfolio | GulfNews.com:



"As it approaches its 40th year, Singapore investment giant Temasek is stretching its legs, moving away from its finance-based comfort zone into sectors such as retail and African resources to ensure future growth, analysts say.



With worldwide holdings worth 215 billion Singapore dollars (Dh630 billion, $171 billion) as of end March 2013, Temasek is listed as one of the top 10 global players by the US-based Sovereign Wealth Fund Institute.



Its wide spectrum of interests spans banking, telecoms, transport, life sciences and property, while more than 70 per cent of its investments are in Asia."



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