Temasek Holdings posts modest gains in portfolio value and returns
Published on Jul 8, 2014 3:01 PM
SINGAPORE - Singapore investment firm Temasek Holdings posted modest gains in both the value of its assets and the returns from those assets for the year to March 31, it said on Tuesday.
Its net portfolio value rose from $215 billion last year to a new record of $223 billion as of March 31 this year, the firm said.
This includes a $5 billion injection of fresh funds from Temasek's sole shareholder, the Ministry of Finance.
Temasek's one-year total shareholder return - which includes dividends from its investments but not capital injections - was 1.5 per cent in Singapore dollar terms, largely due to weakness in its key markets in Asia.
To continue reading, log in if you are a subscriber
If you are not a subscriber, you can get instant, unlimited access here