Temasek strives to remain relevant

CEO Dilhan pointed out that besides tighter liquidity conditions and higher inflation, the investment climate has become more complex over the past year. — Reuters

SINGAPORE: Temasek’s 5% loss in total shareholder return (TSR) 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.

This was noted by its executive director and chief executive Dilhan Pillay Sandrasegara in an interview with The Straits Times following the release of the sovereign wealth fund’s annual review on Tuesday.