\u201cOur NPV (net portfolio value) would have been about 2 per cent higher if not for the impact of these events on public markets,\u201d he said.<\/p>\n
Mr Pillay noted that public market valuations bounced back in April and May.<\/p>\n
\u201cThe vast majority of losses was recovered, which gives us confidence that our public markets strategies remain relevant for longer-term portfolio performance,\u201d he said.<\/p>\n
ACTIVE YEAR OF INVESTMENTS<\/p>\n
More than 40 per cent of Temasek\u2019s portfolio is made up of Singapore-based companies including DBS, Singtel and Singapore Airlines.<\/p>\n
Key divestments by Temasek include the sale of Dutch company Axia Vegetable Seeds and Schneider Electric India.<\/p>\n
It also divested its controlling stake in US-headquartered Global Health Exchange but has a continuing interest in the business.<\/p>\n
The company invested S$51 billion and divested S$31 billion, making a net investment of S$20 billion.<\/p>\n
In the near-term, the firm intends to increase its investments in artificial intelligence, core-plus infrastructure and private credit.<\/p>\n
Core-plus infrastructure refers to investments in energy-transition assets and digital infrastructure that typically have slightly higher returns than traditional infrastructure projects.<\/p>\n
Temasek\u2019s one-year total shareholder return was 10.5 per cent in Singapore dollar terms, and 14.8 per cent in US dollar terms.<\/p>\n
The strength of the Singapore dollar had reduced the one-year total shareholder return figure by around 2 percentage points, Temasek said.<\/p>\n
The five-year shareholder return was 4.6 per cent, weighed down by headwinds in China\u2019s capital markets from 2021 to 2024.<\/p>\n
In the longer term, the 20-year total shareholder return was 6.8 per cent, down from 7.4 per cent in 2025, while the 10-year shareholder return was 7.1 per cent, up from 5.8 per cent last year.<\/p>\n","protected":false},"excerpt":{"rendered":"\u201cOur NPV (net portfolio value) would have been about 2 per cent higher if not for the impact…\n","protected":false},"author":2,"featured_media":786634,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164,5476,371295],"class_list":["post-786633","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-business","tag-economy","tag-investing","tag-temasek"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/786633","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=786633"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/786633\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/786634"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=786633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=786633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=786633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}