[Scythian]

"The fund posted on Wednesday a profit of 1.48 trillion crowns ($138 billion) in the first half of the year as global stock markets rose."

https://www.channelnewsasia.com/business...ets%20rose.

[Scythian]

By comparison..

"Temasek Reports Net Portfolio Value, up S$7 billion from Last Year.  

Including S$31 billion mark to market1 uplift from unlisted assets, Temasek's Mark to Market Net Portfolio Value was S$420 billion2, up S$9 billion from last year."

[red3]

Huat ah. Super huat ah.

[Scythian]

By comparison..

"Temasek Reports Net Portfolio Value, up S$7 billion from Last Year.  

Including S$31 billion mark to market1 uplift from unlisted assets, Temasek's Mark to Market Net Portfolio Value was S$420 billion2, up S$9 billion from last year."

Reported Singapore Temasek made S$ 7 bil one whole year. ( Peanut to the Norwegian)

Whereas the Norwegian made US$138 billion in half a year

[Scythian]

Huat ah. Super huat ah.

Why CPF CEO and his investment team cannot match or even come anywhere close to Norwegian SWF ROI?

Maybe it's time to change CPF management.

[Scythian]

Suggestions 

CPF Board should seriously consider placing large portions of our CPF members savings with Norwegian SWF (with good track records) rather than buying very low yields from MAS treasury Govt Bonds or with GIC.

As proven over the years, Singapore ranked world's highest IQ and smartest but why None of them can match or come close to the Norwegian..?

[Scythian]

"GIC RETURNS FALL TO 10-YEAR LOW AS REAL ESTATE ALLOCATION HOLDS STEADY
2024/07/25 

Singapore’s GIC saw its investment performance fall to a more than 10-year low during the year ending 31 March, with a report released by the sovereign wealth fund showing it annualised rate of return over the past two decades falling to 5.8 percent from 6.9 percent a year earlier.""
https://sgtalk.net/Thread-GIC-RETURNS-FA...post%20was