11-12-2014, 03:42 PM
(11-12-2014, 11:53 AM)specuvestor Wrote: They used to be very distinct but I don't know what is the difference between the 2 anymore. GIC is under pressure also because they are managing CPF money.
IMHO Temasek should have continued to be a "PE fund" instead of listed equities. Fullerton is also confused. That's what happens when you start focusing on PnL instead of strategic sense.
Sorry might have woken from oft catatonic state. It seems a little inconsistent to aim at one thing and then expect to get another thing, and somehow it is miraculously "better" (usually worse but don't say, and never argue). I do not have a solid example.