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Sovereign Wealth Funds Briefing - Categorized | Investment, Trends

Temasek’s portfolio drops by $14 billion

Posted on 08 July 2016

Singapore’s state-owned investment company Temasek Holdings saw its net portfolio value tumble by around 24 billion Singapore dollars ($14 billion) wiping around 9 percent off the Singapore dollar value of its holdings in the year to March 31.
The value of Temasek’s portfolio fell to around S$242 billion, or $180 billion, in the last fiscal year, from around S$266 billion, or $194 billion, in the year-earlier period. It was the first time the portfolio value declined since 2009, during the global financial crisis………………………………………..Full Article: Source


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