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Temasek Holdings posts modest gains in portfolio value and returns

Published on Jul 8, 2014 3:01 PM
From left: Mr Rohit Sipahimalani, Co-Head, Investment, Head, India and Co-Head, Middle East; Mr Wu Yibing, Head, China; and Ms Pek Siok Lan, Senior Managing Director, General Counsel and Senior Managing Director, Investment, at the launch of the Temasek Review 2014. -- PHOTO: TEMASEK HOLDINGS

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.

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