Friday, November 6, 2009

Temasek scores perfect 10 on SWF transperency index

Temasek Holdings has kept its position as one of the world's most transparent sovereign wealth funds (SWFs).

Temasek Holdings scored 10 out of 10 on the latest Linaburg-Maduell Transparency Index, published quarterly by the Sovereign Wealth Fund Institute in California.

There are 10 principles in the index, including providing up-to-date, independently audited annual reports; disclosing a total portfolio market value, returns and management compensation; and offering guidelines for ethical standards and investment policies.

Source: The Straits Times (9 Nov 2009)

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