Overview

• Temasek’s net portfolio value climbed 11.8% year on year to S$434 billion as of March 31, 2025, reaching S$469 billion including unlisted assets.
• The firm invested S$52 billion and divested S$42 billion in FY 2025, delivering a net deployment of S$10 billion and reversing the previous year’s net divestment.
• Sustainable living investments grew by S$2 billion to S$46 billion, making up 11% of portfolio value, and emissions targets for 2030 and 2050 were reaffirmed.
• Exposure to the United States rose to 24% and India to 8% while China’s allocation dipped to 18% as Temasek diversified to manage geopolitical risks.
• Temasek is increasing its focus on core-plus infrastructure assets and artificial intelligence as key themes for stable, long-term growth.