Temasek’s eyewatering 24.5% one-year return in FY2020/21 came on the back of record investment of S$49 billion (up 50%) with divestment reaching S$39 billion. The Singaporean state-owned investor’s net asset value reached S$381 billion (US$283 billion). The robust performance followed a disappointing year, when Temasek was hit by tumbling public...
Temasek’s eyewatering 24.5% one-year return in FY2020/21 came on the back of record investment of S$49 billion (up 50%) with divestment reaching S$39 billion. The Singaporean state-owned investor’s net asset value reached S$381 billion (US$283 billion). The robust performance followed a disappointing year, when Temasek was hit by tumbling public...