A nurse prepares to vaccinate health care workers at Singapore’s Gleneagles Hospital on January 19. Singapore’s sovereign wealth fund Temasek invested in BioNTech and has supported its efforts to develop a vaccine. Photo: Reuters
January 19, 2021
As Covid-19 crisis shows, sovereign wealth funds have a role that goes beyond providing money
- Singapore’s Temasek is one of several government funds to go beyond their traditional mandate and fight the pandemic, not just by investing in the search for a vaccine, but also by supporting the production of medical goods
- As Hong Kong prepares to launch its own Growth Portfolio, it needs to consider if there’s a larger firefighting role for public investors in a crisis
