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SINGAPORE — State investment firm Temasek Holdings reported on Tuesday (July 13) a portfolio value of S$381 billion for the financial year ending March 2021, a 24.5 per cent increase from the year before and a new record.
Financial services making up 24 per cent of its portfolio, and telecommunications, media and technology, making up 21 per cent, remained the largest sectors to be represented in Temasek's portfolio.
However, digitalisation has led the state investor to evolve its financial services investments — where it previously invested mainly in banks, it now also invests in financial technology.
Temasek added that it will continue investing in blockchain, artificial intelligence and climate change solutions.
https://www.todayonline.com/singapo...record-s381-billion-markets-rebound-covid-hit
Financial services making up 24 per cent of its portfolio, and telecommunications, media and technology, making up 21 per cent, remained the largest sectors to be represented in Temasek's portfolio.
However, digitalisation has led the state investor to evolve its financial services investments — where it previously invested mainly in banks, it now also invests in financial technology.
Temasek added that it will continue investing in blockchain, artificial intelligence and climate change solutions.
https://www.todayonline.com/singapo...record-s381-billion-markets-rebound-covid-hit