(July 9): Temasek Holdings may report its first decline in assets under management since 2016 as global trade uncertainties and volatile equity markets take their toll.

Singapore’s state investor, which had $308 billion in AUM as of March 2018, will release its 2019 annual report Tuesday. CIMB Private Banking economist Song Seng Wun, who has been covering Temasek for over a decade, predicts the figure may dip to $300 billion.

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