Singapore — Singapore state investor Temasek reported its worst performance since 2016 and warned fresh lockdowns imposed by the coronavirus pandemic could further hamper global markets.
Temasek’s net portfolio value was S$306bn ($214bn) vs S$313bn a year earlier, it said on Tuesday. Its portfolio had expanded by 1.5% the period prior. Due to Covid-19, finalised numbers have been slightly delayed in 2020 and are set for release in September...
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