Singapore's Temasek posts strongest returns in 11 years

Singapore's state investor Temasek posted 24.53% returns for the financial year ending March 31, marking the highest shareholder returns achieved by the fund since 2010. The fund's latest results suggest that its strategy during Covid-19 paid off, note experts, who also highlighted the state investor’s focus on concrete sustainability goals rather than a generic environmental, societal and governance (ESG) rhetoric. Temasek's 24.53% shareholder returns for the financial year mar…