Investment funds: Singapore sovereign fund fuels fears by targeting distressed western assets

Guardian.co.uk, 27 Aug 2008, Phillip Inman

"Government-owned investment vehicles such as Temasek and its bigger sister agency, the Government of Singapore Investment Corp (GIC), control over $2 trillion in assets - more than the combined value of the main German and Australian stock indices - and are expected to grow to $12 trillion by 2015."

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