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Temasek CIO Rohit Sipahimalani suspends crypto investments in contrast to Ho Ching’s contrarian stance after FTX loss – The Online Citizen Asia

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Temasek CIO Rohit Sipahimalani suspends crypto investments in contrast to Ho Ching's contrarian stance after FTX loss - The Online Citizen Asia

In an interview with CNBC on Tuesday (July 11), Temasek Chief Investment Officer Rohit Sipahimalani said Temasek is currently not considering investing in cryptocurrency companies. “There is a lot of regulatory uncertainty in this environment. Told. “If you have the right regulatory framework, we are comfortable with it, and you have the right investment opportunities, … Read more

Temasek Holdings Reports S$7.3 Billion Loss in FY2023, While Norwegian Sovereign Wealth Fund Expects Quarterly Profit of $84 Billion – The Online Citizen Asia

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Temasek Holdings Reports S$7.3 Billion Loss in FY2023, While Norwegian Sovereign Wealth Fund Expects Quarterly Profit of $84 Billion - The Online Citizen Asia

Singapore’s sovereign wealth fund (SWF) Temasek Holdings reportedly lost S$7.3 billion in its 2023 fiscal year. Temasek said its net portfolio value fell 5.2% to S$382 billion from S$403 a year earlier. It also reported a one-year total shareholder return (TSR) of -5.07%. Temasek said the loss was mainly due to changes in accounting standards, … Read more