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Singapore’s Temasek Is ‘Cautious’ on Listed Stocks

  • Michael Buchanan, head of strategy, comments in interview
  • State investment firm’s one-year return bounced back to 13%
Temasek Holdings Pte Headquarters Ahead Of Annual Review
Photographer: Bryan van der Beek/Bloomberg
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Singapore’s Temasek Holdings Pte is planning to buy more unlisted assets as high valuations and prospects for tighter global liquidity encourage caution on listed stocks, according to Michael Buchanan, the state investment firm’s head of strategy.