Temasek’s StanChart bond looks too clever by half

October 19, 2011

Temasek appears to have hit on an ingenious way of raising money cheaply. The Singaporean fund has sold S$650 million ($512 million) of bonds, exchangeable into Standard Chartered stock.

Temasek tinkering could put StanChart in play

April 17, 2012

The Singaporean fund’s latest asset reshuffle has revived talk about its $10 bln stake in the emerging market lender. Banks from the U.S. to Japan would like to get their hands on StanChart. But with the exception of China’s biggest lenders, most would struggle to pull it off.

Temasek’s triple personality bodes well for returns

May 9, 2012

The Singaporean state investor is developing the trading eye of a hedge fund, a private equity taste for financial engineering, and the pay structure of an investment bank. That should improve its sub-par performance, though it won’t always sit well with Temasek’s political ties.

Sovereign funds still hungry for Western banks

July 19, 2012

Bad early-crisis bets haven’t put rich states off backing global lenders. Qatar and Norway have upped their exposure to Credit Suisse, while Singapore’s Temasek has joined the throng. The enthusiasm reflects a lack of attractive alternatives, as much as hopes for a recovery.