09.07.2015 - Temasek pumps $30 bln into new investments
In its busiest year since the 2008 financial crisis, Temasek Holdings made $30 billion new investments and stepped up divestments to an all-time high of $19 billion. Temasek did this while global stock markets were still rallying to lock in gains for its financial year ended March 31. Equities make up the bulk of the Singapore investment company's portfolio, which had a net value of $266 billion, up $43 billion from the record high a year earlier. One-year shareholder return was 19.2 per cent. About half of its new investments was in growing Asia, and 43 per cent in the mature markets of North America and Europe, where it expects an economic recovery...............................................Full Article: Source
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