Temasek builds US exposure, flags global concerns

Singapore’s Temasek further boosted its North American exposure and last year underscored the region’s importance to its global strategy by opening an office in Washington, DC. But the state investor has also expressed concerns about the global market environment. After seeing strong growth in its portfolio in the year to March 31 and hitting a record level of assets, Temasek indicated in its 2018 annual review, published yesterday, that is turning more cautious. It set out severa…