SG Talk

Temasek Holdings lost S$7.3 billion for the financial year 2023.............Norway’s $1.4 trillion SWF, Government Pension Fund Global, posted a US$84 billion (S$112 billion) quarterly profit.................All investments made by the Norwegian SWF are publicly available on its website, for all to see............Temasek only releases consolidated accounts which do not disclose the flow of funds between subsidiary investments, and not all of its investments are listed on its website.
The Norwegian SWF publishes the salary of its CEO, along with salaries paid to its employees................[url=https://www.nbim.no/contentassets/99de366397a847db99ab7a156e15aaa0/gpfg_annual-report-2022.pdf][/url]Mr Nicolai Tangen, CEO at Norges Bank Investment Management, who manages the SWF, earns a salary of US$6.87 million...............In its latest annual report, Temasek recorded an administrative expense of S$10.4 billion (US$7.77 billion) for its staff count of 957 employees as of 31 March 2023...............In stark contrast, the Norwegian SWF reported a salary payout of US$1.22 billion for a staff count of 582.

"What is Temasek worst return?

STATE investor Temasek posted a one-year total shareholder return (TSR) of negative 5.07 per cent for FY2023 ended March and a net portfolio value (NPV) of S$382 billion, down from S$403 billion a year ago, as global asset valuations fell in the last year. This is the worst one-year TSR it has generated in seven years.

11 July 2023"

2023 should be a year of economic recovery yet can lose until like that. I think too many ceca inside temasek?

Temasek is essentially a privately owned fund of the Lee dynasty in every way but name.

(07-01-2024, 08:42 AM)Alice Alicia Wrote: [ -> ]Temasek is essentially a privately owned fund of the Lee dynasty in every way but name.

the most important factor is not losing their own money
money flow ins none stop.
the tap is always open for them to be contraian

Temasek Holdings lost S$7.3 billion for 2023.......Norway’s Government Pension Fund Global made S$112 billion QUARTERLY profit.......Temasek spent US$7.77 billion on 957 employees..........the Norwegian SWF spent US$1.22 billion on 582 employees

QUESTION IS 
why temasek n gic invested in warren buffett bhw
at least few % of total spore swf  or few hundred millions  then we do not hv to increase so much on gst n all other fees n fares etc
for face saving ?
or no look up on this old man ?

one is a family biz per se?