Joe Maya
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While Temasek is largely attributed as being a sovereign wealth fund (SWF), there are major differences as it invests mostly in equities, is the outright owner of many assets and companies, and pays taxes like other commercial investment firms.[15] In addition to Temasek, the Government of Singapore also owns GIC Private Limited, a traditional SWF which manages about US$881 billion (S$1 trillion) of assets as of 2022
In addition to GIC, the government also owns another sovereign wealth fund, known as Temasek Holdings. It manages about US$630 billion of assets under management – totaling over a combined US$1.3 trillion.[6]
Wow, so much money can last how many generations?
In addition to GIC, the government also owns another sovereign wealth fund, known as Temasek Holdings. It manages about US$630 billion of assets under management – totaling over a combined US$1.3 trillion.[6]
Wow, so much money can last how many generations?