Hyperactive Temasek plays bellwether in SWFs' shift away from public markets

Photo: Bloomberg

Singapore state-owned investment company Temasek Holdings is leading the shift among sovereign wealth funds (SWFs) and major institutional investors away from public market investments.

Based on data from DealStreetAsia and Refinitiv, Temasek either directly or through related entities, invested in over 40 companies in the first half of calendar year 2020. That compares with around 100 in calendar 2019, the data shows.

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