TR EMERITUS

"If you were a private investment fund manager with this sort of record... you would be venerated as a deity." Yesterday I received an email from a loyal reader that Jake van der Kamp, the well known columnist from the South China Morning Post wrote a column questioning the returns of Temasek.  Though I can’t... 

In the past decade, we have become all to used to corporate accounting scandals.  Respected companies like Olympus, Lehman Brothers, AIG, and the most notorious fraudster Bernie Madoff have all been caught blatantly manipulating accounting statements dating back many years.  As a result of their behavior, those responsible... 

In the last post, we demonstrated clearly that the while GIC and Temasek manage an impressive amount of financial assets, given the amount of borrowing and government surpluses, the amounts under management are a lot less impressive. Singaporean data indicates that operational surpluses and public borrowing from 1974 to 2011...