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Sovereign Wealth Funds Briefing - Categorized | Investment

Singapore’s Investment Firm Buys Health-Care, Consumer Firms to Tap New Growth

Posted on 10 July 2014

Temasek Holdings Pte is increasing investments in consumer, technology and health-care companies as Singapore’s state-investment firm becomes less reliant on financial assets.
The value of its holdings increased 3.7 percent to a record S$223 billion ($179 billion) in the 12 months to March 31 from the previous year, while total shareholder return, including dividends, shrunk to 1.5 percent from 8.9 percent, it said in its annual review yesterday. The value of its holdings rose 8.6 percent in the year to March 2013………………………………………..Full Article: Source


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