Temasek to set up three entities to manage portfolio

Temasek to set up three entities to manage portfolio

Singapore-based Temasek Holdings has announced the formation of three new entities to better manage its extensive portfolio. The move aims to enhance the investment management firm's operational efficiency and strategic focus in key sectors.

Temasek, a state-owned multinational investment firm, will establish Temasek International (TI), Temasek Asia, and Temasek Global. Each entity will specialize in specific geographic regions and investment areas, allowing the company to tailor its strategies more effectively. The new structure is expected to improve Temasek's ability to navigate complex markets and capitalize on emerging opportunities.

Temasek International will focus on Asia, with a particular emphasis on Singapore, China, and other major Asian economies. This entity will manage Temasek's significant investments in the region, including its stakes in companies like Singtel, DBS Bank, and ST Engineering.

Temasek Asia will oversee investments in Southeast Asia, while Temasek Global will manage the firm's investments in the rest of the world. This division of labor will enable Temasek to allocate resources more effectively and respond more quickly to changes in global markets.

The new entities are part of Temasek's ongoing efforts to modernize its investment management practices and adapt to the evolving landscape of global finance. The company has been actively expanding its portfolio in recent years, investing in sectors such as technology, healthcare, and sustainable living.

Temasek's announcement comes at a time when global markets are facing increased uncertainty due to geopolitical tensions and economic headwinds. The new organizational structure is designed to help Temasek navigate these challenges and maintain its position as a leading global investor.

References:
[1] https://en.wikipedia.org/wiki/Temasek_(company)