Wealth and Asset Management
Temasek Assets Drop First Time in Seven Years on China Rout
Temasek Holdings Pte’s portfolio declined for the first time in seven years as its holdings, a quarter of which are in Chinese equities, were battered by last year’s market rout. The value of Temasek’s stakes decreased 9 percent to S$242 billion ($179 billion) in its fiscal year ended March 31,…
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