Singapore is somewhat unique in that it has two large funds that have both been around for a long time. The funds are both owned by the Singapore government but operate independently from each other.


Inception: 1981
330 Billion in Assets1
Manages Singapore's foreign reserves2


12/2007 11 billion Swiss francs in UBS AG
1/2008 $6.88 billion in Citigroup

Temasek Holdings

Inception: 1974
159.2 Billion in Assets3
Kicked off with S$350 million of government assets


12/2007 $4.4 billion in Merrill Lynch


1/29/2008 Circumstances make Singapore's two wealth funds different from most

8/2/2007 Temasek seeks to reshape its image they want to make it clear that they are not controlled by their state.