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Temasek portfolio may be worth 'north of $300 bil', says CEO Ho

Bloomberg
Bloomberg7/8/2020 09:14 AM GMT+08  • 2 min read
Temasek portfolio may be worth 'north of $300 bil', says CEO Ho
Temasek Holdings Pte. Chief Executive Officer Ho Ching suggested Singapore’s state-owned investor could still have a portfolio value of more than $300 billion, or not very far from that, despite the impact of Covid-19 on the global economy.
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(July 8): Temasek Holdings Pte. Chief Executive Officer Ho Ching suggested Singapore’s state-owned investor could still have a portfolio value of more than $300 billion, or not very far from that, despite the impact of Covid-19 on the global economy.

Temasek had a portfolio value of $313 billion as of March 31, 2019, and one of its top executives told Bloomberg in January that the portfolio was up by about 3%. But as the pandemic spread around the world, economies began to slow and financial markets crashed - bringing valuations down with them.

Ho said in a Facebook post that the portfolio includes listed firms and private companies that are bond issuers or still report to their shareholders. Temasek lists the major investments in its portfolio every year, and last year those investments made up about 60% of the total portfolio, she said. Tracking their performance would provide a “pretty accurate sense of what’s happening,” she added.

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