Does Temasek invest CPF money?
CPF monies are invested by the CPF Board (CPFB) in Special Singapore Government Securities (SSGS). … CPF monies are not managed by Temasek, and proceeds from SSGS are also not invested with Temasek. Temasek is a separate company that owns and manages its assets.
What did Temasek invest in?
Temasek’s portfolio covers a broad spectrum of sectors. Its key focus investment areas include Consumer, Media & Technology, Life Sciences & Agri-Food, and Non-bank Financial Services.
Is Temasek a sovereign wealth fund?
Temasek Holdings (Private) Limited (Temasek) is a Sovereign Wealth Fund located in Singapore Singapore, Asia, and was founded in 1974.
Is Temasek an investment bank?
Temasek is an investment company based in Singapore, which manages SGD266 billion in assets.
Where does Temasek money come from?
Our funds come mainly from our own portfolio. We invest in companies with outstanding management, sound governance, and competitive products and services, to deliver a better, smarter and more sustainable world. We pay dividends to our shareholder. This financial discipline is directed by the Temasek Board.
How much is Temasek worth?
Singapore’s state investment company Temasek said the net value of its portfolio grew to 381 billion Singapore dollars (around $283 billion) in the financial year ended March 31. The portfolio expansion came as Temasek’s one-year shareholder return jumped to 24.53%, the company said.
What is Temasek famous for?
Temasek was a fortified city and trading centre in the 14th century.