Performance Overview - Overview | Temasek Review 2023 (2024)

FAQs

What is the AUM of Temasek? ›

Temasek Holdings (Private) Limited, or simply Temasek, is a Singaporean state-owned conglomerate owned by the Government of Singapore. Incorporated on 25 June 1974, Temasek has a net portfolio of US$287 billion (S$382 billion) as of 2023, with S$27 billion divested and S$31 billion invested during the year.

Temasek Holdings (Private) Ltd's top holdings are BlackRock, Inc. (US:BLK) , Visa Inc. (US:V) , Mastercard Incorporated (US:MA) , Alibaba Group Holding Limited - Depositary Receipt (Common Stock) (US:BABA) , and ICICI Bank Limited - Depositary Receipt (Common Stock) (US:IBN) .

Temasek's sole shareholder is the Singapore Minister for Finance¹. Footnotes: Under the Singapore Minister for Finance (Incorporation) Act 1959, the Minister for Finance is a body corporate.

“Our T2030 strategy is a 10-year road map that guides our strategic planning, capability-building and institutional development initiatives to help us deliver sustainable value over the long term.” As part of its T2030 strategy, Temasek identified six top-of-mind issues that pose current and future challenges.

Employees rate Temasek 3.6 out of 5 stars based on 161 anonymous reviews on Glassdoor.

Temasek Holdings, owned by the Government of Singapore, possesses a 3.43% stake in BlackRock. This equates to approximately 5,096,739 shares, valued at around $4,004,762,670.

Including write-downs and unrealised losses in a certain category of investments, Temasek posted a $7.3 billion net loss for the 2023 financial year that ended on March 31, its first time in the red since a $6.7 billion loss in 2016 and a reversal from an $11 billion net profit a year ago.

For the year ended 31 March 2023, Temasek Group recorded a Group net loss of S$7.3 billion, due to unrealised mark to market (MTM) losses of sub-20% investments of S$22.0 billion.

Dilhan Pillay Sandrasegara (Oct 1, 2021–)

Temasek Holdings (Private) Limited / CEO

Who is Temasek CEO now? ›

Dilhan Pillay Sandrasegara (born 1963) is a Singaporean lawyer who has been serving as the executive director and chief executive officer of Temasek Holdings since 1 October 2021.

Temasek had S$22 billion of debt outstanding as at 31 March 2023, representing 6% of our net portfolio value.

It comprises four pillars: constructing a Resilient & Forward Looking Portfolio; embedding Sustainability at the Core of all that we do; building future-centric capabilities in our Temasek Operating System; and developing our Organisation, Talent & Capabilities to grow our people and teams for the future.

The name “Temasek” is probably derived from the same root as the word tasek, which means “lake” in Malay. Tasek implies a reference to a piece of land surrounded by water.

Value of total assets under management (AUM) in Singapore 2013-2022. In 2022, the value of total assets under management (AUM) reached approximately 4.9 trillion Singapore dollars.

As of the second quarter of 2023, the New York City-based asset management company BlackRock had total assets under management (AUM) of around 10 trillion U.S. dollars. This compares to 8.59 trillion U.S. dollars of AUM one year earlier, as of 2022. The total assets under management of BlackRock Inc.

Singapore's state investment firm Temasek is looking to invest as much as $9-10 billion in India over the next three years as it is seeing more opportunities to deploy larger sums of capital in the Indian economy, senior executives told ET in an interaction.