Singapore’s state-owned investment firm Temasek reports record portfolio growth while shifting further toward artificial intelligence, private credit and infrastructure-related themes. Multiple outlets say Temasek’s net portfolio value reaches S$518 billion (about $401 billion) in its last financial year, supported by gains totaling S$49 billion and a 10.5% total shareholder return, according to CNBC. Bloomberg and others describe a strategic pivot that includes increased exposure to AI and regions such as the Americas.
On positioning, Temasek plans to raise its AI-related investments to 15% of its portfolio by 2031, up from 6% currently, as reported by CoinDesk and Free Malaysia Today. The Register and Financial Times also describe plans to lift portfolio exposure to AI by about 150% as part of the broader ramp-up.
CNBC also reports Temasek boosts its China exposure by $7.7 billion, its largest rise in five years, with a focus on AI-linked areas such as hardware and infrastructure, robotics, biotech, and energy transition. CoinDesk adds that Temasek says crypto is off the table.
