Temasek

BT EXPLAINS

A S$13.8 billion data centre prize: Why KKR, Singtel and GIC want Temasek-backed STT GDC

The deal could potentially transform Singtel into a data centre powerhouse.

GIC is in the midst of a shakeup of its external managers department while Temasek has contacted a wider pool of hedge funds for potential investments.

GIC, Temasek revamp how they deal with hedge funds

Temasek said last year it invested in about 10 hedge funds

Comparing GIC’s performance against Temasek’s is not just comparing apples to oranges; it is comparing a shield to a sword, say the writers.

There is no one-size-fits-all approach to sovereign finance

In a volatile world, the strength of a sovereign wealth fund lies in its ability to fulfil its specific, sovereign purpose

In January, several questions were raised in Parliament about whether GIC and Temasek have been generating satisfactory risk-adjusted returns.

What’s up with GIC and Temasek’s performance?

GIC and Temasek’s trailing performance has been a hot topic of discussion in Singapore. Senior correspondent Ben Paul sifts through key issues.

Ten Vietnamese university-linked startups will share US$250,000 in UniVentures prizes, funded by Singapore-based venture capital firm Golden Gate Ventures.

Vietnam-Singapore partnership seen as catalyst for scaling sustainable innovation

Singapore-backed initiatives such as UniVentures strengthen bilateral ties by preparing Vietnamese startups for regional expansion

It does not seem to be the right moment for GIC or Temasek to pursue higher returns by embracing more risk.
MARK TO MARKET

Don’t meddle with GIC, Temasek’s mandates

But, more granular information about their performance could help foster trust among their stakeholders

The SGX-Nasdaq dual listing bridge stands to gain more with Temasek and GIC participation than without.
NEWS ANALYSIS

Why the SGX-Nasdaq dual-listing bridge suits Temasek and GIC portfolio companies

The bridge allows firms to access both investor bases in parallel, cutting cost and complexity relative to separate listings

Fang Fenglei's Hapu Investment Management is planning to base its headquarters in Singapore, and is awaiting approval for a licence.

China’s private equity trailblazer Fang Fenglei faces doubts on returns, succession

After weak returns, slow dealmaking and leadership churn, Hopu sees backers Temasek, GIC and CIC rethink support

Senior Minister of State for Finance Jeffrey Siow says: “We will continue to review their mandates and performance regularly in line with changes in the global economic investment landscape."

Returns generated by GIC, Temasek ‘reasonable and within expectations’: Jeffrey Siow

Temasek operates mainly as a ‘bottom-up investor’, while GIC’s mandate is to preserve the international purchasing power of its assets under management

Mapletree Investments' group CEO Hiew Yoon Khong says: “From a Singapore-centric company, we have evolved into a global real estate leader with a diversified portfolio of over 930 assets across various asset classes in 13 markets.”

Mapletree Investments shoots for high sustainable returns, eyes more acquisitions and development activity   

The property giant achieved a 10.9% average annual return on invested equity in the last decade, and aims for between 9% and 12% average annual returns by FY28/29