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Sovereign Wealth Funds Briefing - Categorized | Performance

Temasek portfolio lost $39.91 billion in 8 months

Posted on 29 May 2009

From WSJ: Singapore’s state-owned investment company Temasek Holdings Pte. Ltd. lost 58 billion Singapore dollars (US$39.91 billion) from the end of March 2008 to November 2008, or a little over than half of its portfolio-value gains from the previous five years, the city-state’s finance minister said.

Tharman Shanmugaratnam, speaking in parliament, said Temasek’s investment portfolio grew by S$114 billion during the market cycle from 2003 to 2007…….Full Article: Source


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