August 09, 2018

Does Temasek manages our CPF? Temasek Overview 2018 Key Takeaway

Simply NO. Our CPF is used to purchase Special Singapore Government Securities (SSGS) issued by the Singapore Government. The proceeds are pooled together with proceeds from other sources and then invested via MAS and GIC. GIC is a fund manager, and not an owner of the assets. Source: MAS
Temasek,…