Mega-rich Temasek and GIC are world’s most acquisitive SWF with total of US15.7 billion spent on direct investments

The Malay Mail Online, 14 May 2014
GIC Pte and Temasek Holdings Pte, Singapore’s state-owned investment firms, are set to lead global sovereign investors in acquisitions for a second year after emerging as the most active in 2013.
The US$15.7 billion (RM50.8 billion) spent by both companies accounted for about a third of direct investments by state investors globally last year, according to data compiled by the London-based Institutional Investor’s Sovereign Wealth Centre. Temasek and one of its units announced two purchases in March that amounted to US$8.9 billion, or 57 per cent what the two companies invested last year, according to data compiled by Bloomberg. Full story

Related:
Singapore Inc. state firms are most acquisitive - The Edge Malaysia
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