Singapore's Temasek outpacing country ETF
Posted by Editor on August 25, 2008 at 12:03 PM
Seeking Alpha writes that, “Temasek, Singapore’s second-largest sovereign wealth fund, [SWF] is certainly doing far better than Singapore exchange-traded funds such as the iShares MSCI Singapore (EWS) that is down almost 17% year-to-date. The lesson is that it pays to play as a big boy with lots of cash and negotiating leverage.”
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