This article on SWFs is interesting.
Why highlight that the Kuwaiti SWF lost US$30 bn in the headlines … when Temasek lost US$39 bn?
When about half the article is on Temasek?
When there are details on the various Kuwaiti SWFs but nothing on the other SWF in Sg?
On the good side of info sharing, we know that the US$185 bn Temasek fund in 31 Mar 08 fell to US$127 bn in 30 Nov 08.
Ok, i know it is paper losses and these are long term investments. I am fine with the approach cos i do agree with the arguments put forth on how these funds are invested.
I just dun agree that it should take so much more persuasion and effort and drama to unlock S$4.9 bn to help Singaporeans in this recession. S$4.9 bn vs US$58 bn (about S$84 bn). Something sounds wrong with the process.