Temasek's slower pace of global investments trains spotlight at home

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.