Temasek's portfolio jumps to record S$275b riding on global recovery & equities rally

Temasek's portfolio jumps to record S$275b riding on global recovery & equities rally

An employee walks past a sign for Temasek Holdings Pte at the company's offices in Singapore. Photographer: Munshi Ahmed/Bloomberg

Singapore’s state investment firm Temasek Holdings on Tuesday said its one-year total shareholder return (TSR) rose a record 13.4 per cent in local currency terms for the year ended March 31, 2017. The surge was backed by a global recovery and an equities rally in Chinese and local portfolio companies.

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