San Francisco Chronicle, 22 May 2012
May 22 (Bloomberg) -- Temasek Holdings Pte, Singapore's state-owned investment company, said it expects the markets to enter a "period of stress" for the next one to two years amid the European debt crisis, adding risks to investments.
"Notwithstanding our assessment of long term value, markets may be entering a period of stress in the next 12 to 24 months due to the Euro zone crisis," Tan Chong Lee, Temasek's chief investment officer, said in a statement on its website. "There will be some near-term risks as well as opportunities for Temasek as we continue to invest and divest steadily." Full story
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Temasek CIO Says Markets Entering Period Of Stress Over Next 12-24 Months - 4-traders