Singapore's Temasek sees portfolio decline due to market volatility
Temasek Holdings saw the biggest single-year drop in the value of its investment portfolio since the aftermath of the global financial crisis, with S$242 billion ($179 million) in assets for the 12 months ended March 2016 compared to a record high of S$266 billion a year earlier.
The Singapore government-controlled investment fund said the -9.02% total shareholder return reflected declines in listed investments due to public market volatility, and these had been partially offset...
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