TR EMERITUS

The S&P criteria for evaluating investment holding companies (IHC’s) has the potential to move Temasek from a AAA rated credit firm to Greece as the headlines have noted. While this headline does accurately capture the potential impact, too many have focused on the outcome and a misreading of the its implication and... 

Somehow I missed the November release of the credit ratings agency S&P asking for comments on its proposal for updating standards of investment holding companies (IHC) and government related entities (GRE). This is both a somewhat technical exercise and discussion by credit ratings agencies that takes place to reassess... 

Returns claimed by Temasek are nonsense: here is why As a foreigner in Singapore with an inclination for wealth management, one of the issues that have caught my interest (apart from the Roy Ngerng story) is the curiously high returns reported by Temasek. As Christopher Balding of Peking University has pointed out, the returns...