S&P looks at Temasek & SWFs (Part 1)
Somehow I missed the November release of the credit ratings agency S&P asking for comments on its proposal for updating standards of investment holding companies (IHC) and government related entities (GRE). This is both a somewhat technical exercise and discussion by credit ratings agencies that takes place to reassess...
Returns claimed by Temasek Holdings are nonsense
Returns claimed by Temasek are nonsense: here is why As a foreigner in Singapore with an inclination for wealth management, one of the issues that have caught my interest (apart from the Roy Ngerng story) is the curiously high returns reported by Temasek. As Christopher Balding of Peking University has pointed out, the returns...
How much CPF are Singaporeans losing to the Government?
For a long time, the government has denied that they have taken our CPF to invest in the GIC (Lee Kuan Yew denied this in 2001 and 2006, and Ng Eng Hen in 2007). (Click to enlarge) But in June this year, the government admitted for the first time ever that they take our CPF to invest in the GIC. They have long denied this and...
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- Caoliangoh on Pakistan to nuke Israel if…
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