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Temasek's slower pace of global investments trains spotlight at home
Its direct equity investments peaked in Q2 last year; it has looked increasingly to India and worked assets on home base harder in the last year
Published Tue, Jun 25, 2019 · 09:50 PM
Singapore
AS stock markets climbed a wall of worry over the last year, Temasek Holdings has been spending less on new investments around the world, while extracting more value from its existing portfolio at home.
Direct equity investments by Temasek peaked at US$6.13 billion in the second quarter last year, boosted by a three billion euro (S$4.8 billion) injection into Bayer, going by estimates by the Sovereign Wealth Center (SWC) in London.
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