Temasek reports record portfolio value, sees slowdown in investments

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The latest increase came after the investment firm also reported a record rise in its portfolio value the previous year. Temasek executives, however, told a news conference on Tuesday that they expect the pace of investments to slow due to a fragile global economy. Ranked among the top 10 investors in the world, Temasek is anchored in Asia, with a 63% exposure to the region as measured by underlying assets of its portfolio companies, most of which are in Singapore and China.

($1 = 1.4069 Singapore dollars)