Weekly digest: Temasek cuts staff pay in FTX review; INA inks logistics deal
Temasek announces FTX review outcome; INA keen to build modern warehouses in Indonesia; Malaysia's EPF directed to lift domestic investments in portfolio; CPPIB stresses importance of China exposure in overall strategy; and more.
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Temasek said it cut staff compensation of the investment team responsible for investing in FTX, after conducting an internal review of the investment.
“An independent team has conducted an internal review of the investment and the findings were directly presented to the Board Risk & Sustainability Committee and to our Board.
"Although there was no misconduct by the investment team in reaching their investment recommendation, the investment team and sen…
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