Equities - Temasek Under-Performs; PIF Suffers Lucid Losses

16th May, 2022
Filings by Saudi Arabia’s Public Investment Fund (PIF) and Singapore’s state-owned holding company Temasek show they were hit by the shock to markets in the first quarter as the Russian intervention in Ukraine sent the global economy reeling.Price inflation, interest rate hikes and shortages of basic staples have knocked the...
Filings by Saudi Arabia’s Public Investment Fund (PIF) and Singapore’s state-owned holding company Temasek show they were hit by the shock to markets in the first quarter as the Russian intervention in Ukraine sent the global economy reeling.Price inflation, interest rate hikes and shortages of basic staples have knocked the...

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