Temasek Assets Rise 2.6% to Record S$198 Billion, Profit Falls

Temasek Assets Rise 2.6% to Record S$198 Billion, Profit Falls

Munshi Ahmed/Bloomberg

Temasek struggled to boost its total shareholder return from 4.6 percent in the previous year as Europe’s turmoil and the lackluster U.S. economic recovery roiled markets, said Melvyn Teo, director of BNP Paribas Hedge Fund Centre at the Singapore Management University.