Bloomberg on our investment holding company’s latest venture: an absolute return fund that’s not a hedge fund presumably because it will not have the gearing of a hedgie. S’pore Inc hates debt despite the recent and expected debt issues. But then one Buffettt has been borrowing too.
The Temasek executive heading Seatown is the same person who went on sabbatical after the Shin investment went wrong. Remember that mangy dog? He was believed to be the point-man on that deal. There is absolutely no link between the two events (him going off- the- radar and Shin being a disaster) unless one is a conspiracy theorist or one who practice the art of guessing what is going on behind the scenes: dietrologia in Italian, literally “behindologypoint”. BTW I’m neither.