The US$15.7 billion spent by both companies accounted for about a - TopicsExpress

The US$15.7 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. “I wouldn’t be surprised if GIC and Temasek beat last year’s level of investments,” said Song Seng Wun, a Singapore-based economist at CIMB Group Holdings Bhd. “The global recovery is becoming more entrenched. Investors should buy assets before they get more expensive, and GIC and Temasek are faster than other state funds in seizing the opportunities.” What do you think?

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