Homepage / Asia / A huge investment company owned by a very small country may be set to top $200 billion
Jogue Por Dinheiro Actual Em Cassino Onlin Bonver Casino Cz Hrací Automaty S Bonusem Zdarm Magazyn Żużel Speedway W Polsce I Na Świeci Zakłady Sportowe Online Autógrafo Bukmacherska 1xbe “Pin-up O Melhor Cassino Do Brasil Web Site Oficial ᐈ Jogar Caça-níquei Zakłady Sportowe Online Obstawiaj U Bukmachera Gg Be What Industries Use Virtual Data Room? Advantages of a Data Room What Does a Board Room Provider Do? Data Room Analysis for Venture Capital Funding The Importance of Board Reporting Software Safe Uploading and Downloading Business Files How to Select the Best Board Management Software How to Organize the Work of a Company “gerçek Parayla En Iyi Slot Makineleri Ve Spor Bahisler Which is the Best Podcast For Stock Market Beginners? Virtual Data Room Facts How to Protect Confidential Documents for Boards Advantages of Online Meetings Business Issues to Consider When Choosing a Data Room Provider What Is a Data Room? Virtual Board Room Software Due Diligence Risk Factors How to Choose a Reliable Tool for Data Exchange test Users535352253 Board Software and VDR Programs Business Operations Management Software Keep Data Safe and Protect Your Business Data How to Conduct a Board Self-Assessment Uncomplicated Ways to Simplify Daily Business Transactions Due Diligence Blog Digital Data Rooms for the Netherlands The New Era of Business Software and Reporting What Types of Businesses Use VDR Software? Ma Analysis Mistakes The Corporate Governance Role Board Room Apps Secure Board Management With Secure Board Portals What Happens at Board of Directors Meetings? Board Room Software Review How to Prepare Board Rooms for Effective Board Meetings Board Room Software Boosts Performance and Communication Selecting a Secure Data Room Review Local Data Room Service Review How to Find the Best Virtual Data Room Review What to Look for in a Data Room uk Provider Document Storage and Distribution Software Everything About VDRs Corporate Software Advantages How to Choose a Virtual Data Room Provider The Most Secure Way to Transfer Files How to Manage Online Board Meetings Benefits Virtual Data Room Solutions – Must-Haves for M&A and Due Diligence Best Data Room Functions for the Different Types of Industries How to Choose a VDR Software Provider How to Choose an Online Board Portal The Benefits of a Boardroom Review Board Room Online Solutions – How to Get the Most Out of Your Board Meetings Why You Need a Board Room How a Board Room Blog Can Transform Your Business Choosing the Best Board Room Format How to Have Productive and Engaging Board Directors Meetings Choosing the Right Virtual Data Room How to Keep Safe Documents Storage Teaching Kids About Online Safety Avoid Costly Mistakes With Free Data Room Services Corporate Virtual Data Unlimited Data Room Software For Due Diligence Leading Business Software Features to Look For Secure Online Data Rooms Solutions How to Keep Share, Edit and Delete Your Data Safe Virtual Data Room Software Secrets for M&A Due Diligence What to Look For in Boardroom Providers Board of Directors Blog Posts How to Deliver Value at Your Board Meetings How to Have Effective Board Meetings Responsibilities of Board Members Deal Management – How to Effectively Manage a Complex Sales Pipeline Data Rooms For Mergers And Acquisitions How to Have a Successful Board Room Meeting Choosing a Board Room Service Provider What is a Board Room Service? Board Room Software Review – Choosing the Best Portal for Mother Board Meetings Why a Board Room Providers Review Is Important What Is a Board Room Review? Venture Software for VC Firms What Is an Assessment Report? The Importance of a Tech Audit Popular Business Applications What to Look For in a Data Room App What Are Business Applications? How to Choose a Virtual Data Room How to Plan a Data Room Review Coronavirus Guide What is a Virtual Data Room? What Is Data Science? What Is an Operating System? Turbotax Small Business Review How Online VDRs Are Used in M&A Deals

Asia

A huge investment company owned by a very small country may be set to top $200 billion

Singapore’s state-owned investment company Temasek was expected to report a sharp recovery in portfolio value, according to one investment bank’s estimate.

CIMB was forecasting Temasek’s net portfolio value would rebound 12-15 percent to a record $273 billion to 278 billion Singapore dollars, ($197.47 billion-$201.09 billion) for the year ended March 31.

The results were due at 3:00 p.m. HK/SIN on Tuesday.

That would mark a sharp turnaround from the previous year, when Temasek reported its net portfolio value tumbled by around S$24 billion, or around 9 percent, to around S$242 billion as of March 31, 2016.

It was the first time the portfolio had declined since 2009, which was during the global financial crisis.

But the markets Temasek has focused on have recovered since then, with Singapore’s Straits Times Index up around 12.7 percent from April 1, 2016 through March 31, 2017.

Those gains came despite weathering the Brexit vote, which the state-owned company considered one of the biggest risks last year.

Among Temasek’s large holdings, shares of DBS rose around 27 percent over the fiscal year, while shares of SingTel were up around 4.5 percent.

Standard Chartered shares rose around 68 percent and shares of U.S.-listed Alibaba were up nearly 37 percent over the course of the fiscal year.

But on the downside, shares of Singapore Airlines tumbled nearly 12 percent during the fiscal year.

In recent years, the investment company has been targeting the consumer sector as a key investment theme globally, particularly aimed at growing consumption in emerging markets.

It’s been betting on itchy Chinese feet, with stakes in Chinese travel-booking websites, as well as investments in Alibaba, JD.com and Amazon.

Temasek has also been betting on the delivery end of e-commerce, with a stake in Chinese express delivery company ZTO Express, which delivers packages for JD.com and Alibaba.

The company has also bet on e-payments, with shares in Mastercard and Visa.

Beyond the performance of the assets in Temasek’s portfolio, the market will likely be watching for the company’s outlook after Singapore’s GIC, which manages the city-state’s foreign reserves, issued a cautious outlook on Monday.

GIC’s CEO Lim Chow Kiat said in a statement that the fund had taken a relatively cautious stance, citing stretched valuations, policy uncertainty and economic concerns.

“We are prepared for a period of protracted uncertainty and low returns,” GIC’s Lim said in a statement on Monday. “As a long-term value investor, we remain cautious and recognise that to generate good real returns over time, we have to be prepared for periods of underperformance relative to the market indices, some even for a stretch of several years.”

GIC said that over the 20 years through the end of March, its annualized real rate of return, or the return excluding the global inflation rate, was 3.7 percent a year.

The Sovereign Wealth Center recently estimated GIC’s portfolio was valued at $353.6 billion. GIC doesn’t state its portfolio size, but on its website it said the amount was “well over $100 billion.”

Source: cnbc china
A huge investment company owned by a very small country may be set to top 0 billion

Comments are closed.