Moneycontrol.com, 10 Jul 2012
Global investment firm Temasek has closed FY12 on a cautious note. Forget Europe and the US. Temasek has been booking profits in India as well. Sajeet Manghat and Animesh Das of CNBC-TV18 reports that if this caution will ease as FY13 progresses.
For Temasek, cash has been king in FY12. It closed the year with assets worth USD 156.22 billion.
In terms of returns, that's 1.5% -- significantly lower than the 10% returns clocked over the last 10 years. Full story
Related:
Singapore state fund Temasek says investment slows as global slump buffets Asian companies - Canadianbusiness.com
