- Temasek’s net portfolio value dropped from $403 billion to $382 billion;
- Its one-year Total Shareholder Return (TSR) fell to -5.07 per cent from +5.81 per cent in the previous year;
- If unrealised gains and losses of sub-20 per cent investments were not included, Temasek would have had a net profit of $14.7 billion;
- Over the past decade, Temasek’s unlisted portfolio has generated returns of more than 10 per cent a year on an internal rate-of-return basis,
By now, you would’ve heard a word or two regarding Temasek’s reported record loss of $7.3 billion, the worst of its performance in the last seven years.
Source: giphy
What would happen to our national reserves? Will we have lesser reserves and a reduced national budget because of this?
The short answers are: No, and no.
While the figures do look intimidating, before we get all panicky, let’s dive deeper.
TL;DR: Temasek Recorded a $7.3 Billion Loss This Year, But Should You Be Worried?
These are your key takeaways:
