Ideal climate for Temasek retail bonds
Good time for issue given volatile share prices, low bank interest rates
Published on Apr 12, 2014 12:01 PM
Temasek Holdings has taken another step towards fulfilling its long-term goal of giving ordinary investors here a chance to co-invest alongside the firm.
On Wednesday, it launched another vehicle in tandem with several institutional entities, featuring a range of holdings in 36 private equity funds.
Temasek said the move is part of efforts to develop co-investment platforms in which diversified portfolios of assets can be made available to a broader range of investors.
Temasek president Lee Theng Kiat said such platforms allow his firm to "test market interest and fine-tune (its) thinking and product positioning for eventual participation by retail investors".
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