Temasek sees portfolio reach $158b for 2010-2011 fiscal year
Temasek Holdings, Singapore’s second-largest sovereign wealth fund, said that its portfolio was worth a record S$193 billion ($158 million) at the end of its last financial year in March, up from S$186 billion ($152 billion) in 2010. Net profit came to S$13 billion ($10.6 billion), up from S$5 billion ($4 billion).
While five- and ten-year compounded total share holder returns (TSR) were 7% and 9%, respectively, the one-year return was a "modest" 4.60%. The "wealth added" - the mechanism by which Temasek measures...
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