Temasek’s net portfolio value grows by S$7 billion to S$389 billion, boosted by US and India investments

Temasek also improved its method for determining the fair value of its unregistered assets in order to determine its mark-to-market online investment benefit, using market percentages of comparable public companies and other methods.

Based on that approach, its mark-to-market investment would be valued at&nbsp, S$ 420 billion, and the prior year’s collection may have at S$ 411 billion. &nbsp,

It typically takes damage into account and uses the book value of its unregistered investments. Unlisted property now account for 52 % of the profile.

“CAUTIOUS BUT STEADY”

The state investment detained a gross withdrawal of S$ 7 billion for the fiscal year that ended on March 31. It invested S$ 26 billion, but divested S$ 33 billion. &nbsp,

The&nbsp, the payment of ties from Singapore Airlines, and Pavilion Energy’s forgiveness of preferred stock were responsible for approximately S$ 10 billion of the withdrawal.

Temasek praised the Federal Reserve’s” optimistic but steady” funding trend, which was driven by fears of a US crisis and the slower-than-expected speed of post-COVID recuperation in China.

It invested in industries such as engineering, financial services, conservation, customer and care.

Since 2016, Temasek has invested with four fundamental changes in brain, which helps the company create a more adaptable and forward-looking collection, said Ms Chan.

” Digitization and sustainable life have a widespread impact across business models and sectors. She said that as consumption increases and lifetimes get more, it will reflect changes in consumption patterns and meet the demands of an aging and growing community. &nbsp,

These assets made up 39 per share of Temasek’s investment, away from 13 per cent in 2016, when these changes were first identified.

Transportation and industrials, as well as financial services, remain the two largest sectors in the portfolio.

GEOGRAPHICAL OUTLOOK

The Americas made up 22 per cent of Temasek’s portfolio, second only to Singapore, which stood at 27 per cent.

The figures are roughly comparable to those from the previous year, when Singapore had 28 % and Americas had 21 %.

Its portfolio’s investments in China decreased from 22 % to 19 %. China boosted the company’s portfolio returns from 2004 to 2014, but the market’s performance dipped in the next decade. &nbsp,

Deputy CEO Chia Song Hwee said structural challenges remain in China, despite the government’s pro-growth stance. Temasek focuses on businesses that serve a domestic market, such as biotech, import substitution, electrification and electric vehicle value chain.

Given the risk of geopolitical conflict, some of these businesses have export potential, but we are really concentrating on those that only operate domestically and are less reliant on exporting to other nations, he said.

As more opportunities arise for consumers to access financial services and healthcare, we’ve also been increasing our investments in India, according to Ms. Chan. &nbsp,