Temasek's Assets Look Set to Fall for the First Time Since 2016
- State investor’s portfolio also likely impacted by trade war
- Temasek holds relatively large positions in Bayer, CenturyLink
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Temasek Holdings Pte may report its first decline in net portfolio value since 2016 as global trade uncertainties and volatile equity markets take their toll.
Singapore’s state investor, which had S$308 billion ($226 billion) in assets as of March 2018, will release its 2019 annual report Tuesday. CIMB Private Banking economist Song Seng Wun, who has been covering Temasek for over a decade, predicts the figure may dip to S$300 billion.