Temasek Holdings

An Active Investor, Forward Looking Institution and Trusted Steward

Incorporated in 1974, Temasek is an investment company headquartered in Singapore. Supported by 13 offices globally, Temasek owns a USD $283 billion portfolio as at 31 March 2021, mainly in Singapore and the rest of Asia. Our portfolio of mostly equities means a higher year to year volatility of annual returns, including a higher risk of negative returns in any one year. The higher risk of negative returns in some years comes with an expectation of higher returns over the long term. As an owner investor, we maintain full flexibility to deploy capital across listed and unlisted assets, and to adopt a long investment horizon. We do not have limits or targets for asset class, country, sector, theme or single name concentration. We manage our leverage and liquidity conservatively for resilience and flexibility, even in times of extreme stress.We track and manage risks proactively and throughout market cycles.