Temasek Holdings rode the rally in Asian and global share markets last year to lift the value of its portfolio to a record-breaking $215 billion. SMU BNP Paribas Hedge Fund Centre Director and Professor of Finance Melvyn Teo said: "It's a good result, but the worry is going forward. The investment boom in China may be ending as credit is tightening there."
Source
The Straits Times
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