Temasek portfolio value grows $49b to record $518b, with 20-year return of 6.8%
Singapore state investor Temasek said its net portfolio value grew by $49 billion to a record $518 billion, delivering a 20-year shareholder return of 6.8 percent. According to The Straits Times, the value took a 2 percent hit due to the Middle East conflict.
Singapore state investor Temasek said its net portfolio value grew by $49 billion to a record $518 billion, delivering a 20-year shareholder return of 6.8 percent, as the fund reported its latest annual results.
According to The Straits Times, the net portfolio value took a 2 percent hit due to the Middle East conflict and its impact on markets. Even so, the overall value reached a new high for the fund.
Temasek's results are watched as an indicator for Singapore's economy and for global markets more broadly. The fund's future investment strategy and sector allocation are expected to draw close attention in the period ahead.
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