Temasek performance vs MSCI performance ????

JohnTT

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I find it rather strange when I heard from TV that the govt compared Temasek performance with MSCI performance. True enough in today's papers, someone wrote in & asked for the relevancy of comparing Temasek performance with the MSCI performance.

First of all, MSCI is Morgan Stanley Composite Index, just like any other indices e.g. Straits Times Index, whereby the basket of stocks or component stocks used are different in MSCI case.

Temasek performance is tied to its investment. When its investment goes wrong, the overall portfolio will be reduced which is understandable, but to benchmarked to an index performance, I find it meaningless & irrelevant.

Alternatively they should do a comparison with other sovereign funds to gauge their performance. I believe this comparison will be fairer & more relevant.
 
nothing wrong wat ...

if performance is lousy, oways compare it wif anyting datz worse so dat u can make it look gd ... juz 2 fool urself n try 2 fool others ...


;)
 
nothing wrong wat ...

if performance is lousy, oways compare it wif anyting datz worse so dat u can make it look gd ... juz 2 fool urself n try 2 fool others ...


;)

To perform marginally better than the MSCI is a great failure. They could have just invested in an index based ETF with marginal fees. What they didn't tell you is all the millions they spent for the "investment experts" in Temasick for this mediocre performance. Way out of proportion.
 
To perform marginally better than the MSCI is a great failure. They could have just invested in an index based ETF with marginal fees. What they didn't tell you is all the millions they spent for the "investment experts" in Temasick for this mediocre performance. Way out of proportion.

Totally agreed. If we are to benchmarked against these, might as well buy ETFs, we dun have to pay millions to employ those "experts" to help allocate our limited resources. ETFs have the lowest costs to invest as most of the hardwork and analysis are done by the publishers of the Indices.
 
why don't they compare with my portfolio, I put in fixed deposit. I did not lost anything,,,,,

maybe i should be the CEO of Temasick
 
why don't they compare with my portfolio, I put in fixed deposit. I did not lost anything,,,,,

maybe i should be the CEO of Temasick


Yep comparing with MSI is a BIG joke for it is an ikan bilis index.

That Ministar think S'poreans all stupid. But 66.6% are what.
 
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