Temasek’s 5% loss in total shareholder return for its last financial year was due to the same challenging market conditions other funds also face. The firm also has a conservative valuation methodology.
04/28/2021 | Press release | Distributed by Public on 04/28/2021 01:42
DBS, J.P. Morgan and Temasek to establish platform to transform interbank value movements in a new digital era
DBS, J.P. Morgan and Temasek to establish platform to transform interbank value movements in a new digital era
Singapore.28 Apr 2021
Platform will leverage blockchain technology and digitise M1 commercial bank money to reduce current frictions
Singapore, 28 Apr 2021 - Acknowledging that the future of global payments is on the cusp of a fundamental shift, DBS, J.P. Morgan (NYSE: JPM) and Temasek today announced plans to develop an open industry platform to reimagine and accelerate value movements for payments, trade and foreign exchange settlement in a new digital era, through a newly-established technology company.