Advertisement
Singapore markets close in 7 hours 10 minutes

  • Straits Times Index

    3,176.21
    -11.45 (-0.36%)
     

  • Nikkei

    36,967.72
    -1,111.98 (-2.92%)
     

  • Hang Seng

    16,155.73
    -230.14 (-1.40%)
     

  • FTSE 100

    7,877.05
    +29.06 (+0.37%)
     

  • Bitcoin USD

    60,927.68
    -623.71 (-1.01%)
     

  • CMC Crypto 200

    1,279.47
    +393.94 (+42.94%)
     

  • S&P 500

    5,011.12
    -11.09 (-0.22%)
     

  • Dow

    37,775.38
    +22.07 (+0.06%)
     

  • Nasdaq

    15,601.50
    -81.87 (-0.52%)
     

  • Gold

    2,424.30
    +26.30 (+1.10%)
     

  • Crude Oil

    85.14
    +2.41 (+2.91%)
     

  • 10-Yr Bond

    4.6470
    +0.0620 (+1.35%)
     

  • FTSE Bursa Malaysia

    1,549.68
    +4.92 (+0.32%)
     

  • Jakarta Composite Index

    7,166.81
    -7,130.84 (-49.87%)
     

  • PSE Index

    6,539.01
    +15.82 (+0.24%)
     

Temasek's assets to hit all-time high on back of global equity rally

Singapore Business Review

Assets will reach $263b.

Temasek Holdings Pte rode a rally in global equities with a focus on developed markets that probably helped the Singapore state-owned investor’s assets reach a record.

A report by Bloomberg said that assets at the firm may have increased 16 percent to 18 percent to as much as $263 billion (US$195 billion) in the year to March 31, according to estimates by Institutional Investor’s Sovereign Wealth Center and CMC Markets.

That would be the biggest jump in assets in five years and surpass last year’s all-time high of S$223 billion.

Read the report in full here.



More From Singapore Business Review