Singapore's Temasek to shed light on bank holdings, Europe plans

Reuters India, 5 Jul 2012
SINGAPORE, July 5 (Reuters) - Singapore state investor Temasek Holdings is expected to shed more light in its annual review on how it plans to reshuffle its portfolio as Asian bank shares slump, and where its European strategy stands as the euro zone debt crisis heads towards its fourth year.
In its review due out soon, Temasek will likely post full-year financial results mirroring the modest returns reported by other state investors such as Norway's $600 billion sovereign wealth fund, which returned 2.28 percent in international currency terms in the 12 months to March 31. Full story

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