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Singapore s Temasek set to post record portfolio in global equities rally
Logo of state investor Temasek Holdings at its office in Singapore on Jul 8, 2014. (File Photo: Reuters/Edgar Su)
12 Jul 2021 01:58PM Share this content
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SINGAPORE: Singapore state investor Temasek Holdings portfolio value likely rebounded to scale a record in the year ending March, boosted by a rally in global markets and the public listing of some of its holdings.
Analysts expect the value of Temasek s assets to have jumped over 20 per cent in the year ending March, pushing up the portfolio value to roughly S$375 billion (US$277.7 billion) - after dipping 2.2 per cent to SUS$306 billion a year ago - which marked the first drop after three consecutive years of gains.
Temasek set to post record portfolio in global equities rally
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