An honorable member of the Coffee Shop Has Just Posted the Following:
SINGAPORE investment firm Temasek Holdings saw its portfolio hit a new record last year, lifted by strong stock markets in Asia.
Its portfolio rose by 8.6 per cent over last year to hit a fresh peak of $215 billion as at March 31 this year, Temasek said on Thursday.
Asian equity markets rose strongly from the middle of last year to the first three months of this year, but have since fallen due to concerns over rising interest rates and the tightening of central banks' loose monetary policies.
Temasek will continue to stay focused in Asia and the emerging markets but will look at opportunities in the developed markets, said chairman S. Dhanabalan.
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04-07-2013, 05:00 PM
Temasek's portfolio rises 8.6% to hit record of $215 billion
