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" He will then travel to New York to attend GIC Insights, an event where prominent leaders discuss issues pertinent to the business and investment community, and commemorate sovereign wealth fund GIC’s 40th anniversary on Nov 13. SM Lee will be delivering a keynote speech in his capacity as chairman of the GIC board. "
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Temasek to invest US$30 billion in US over five years
Business Times
Published Tue, Jul 30, 2024 · 07:57 AM
SINGAPORE’S state-owned Temasek Holdings plans to invest US$30 billion in the United States market over the next five years as the firm remains cautious on putting money into China.
“The Americas is going to be and continue to be the largest recipient of capital,” Jane Atherton, Temasek’s head of North America, said on Monday (Jul 29).
Temasek’s investments for North and South America surpassed China for the first time in at least a decade this year. Americas investments now account for 22 per cent, or US$63 billion, of its portfolio. Chinese investments make up 19 per cent of the portfolio, and those in Singapore account for 27 per cent.