At a virtual news conference, senior executives from Temasek said the pandemic had not significantly altered the firm’s investment strategy in the long term. However, the crisis had accelerated structural trends that guide Temasek’s investment decisions . . .
SINGAPORE: State-owned Temasek Holdings, one of the world’s biggest investors, has seen its net portfolio value fall 2.2% to S$306bil (US$224bil) in the year to March 2020, the first drop in four years.
And it does not see too much light ahead in the near term, with the Covid-19 crisis and geopolitical tensions creating significant uncertainties.
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