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Cautious Temasek to slow investment despite good returns

Edward Tang
The Singapore state investment company expanded its portfolio size to US$297 billion, but will adopt a cautious approach this year in view of the global economic slowdown.
Cautious Temasek to slow investment despite good returns

Singapore’s state investment firm Temasek reported 5.81% returns for the fiscal year ended March 31 and grew its net portfolio value to S$403 billion ($297 billion) - a new high - backed by gains from unlisted assets and domestic investments.

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