Temasek in the rough

[Confuseous]

Temasek's portfolio value hits a record $198 billion, screamed the headlines, while smaller fonts disclosed that the rate of return on shareholder funds was a miserable 1.5 percent. Hey, anybody can be a big spender, it's what you get in return that matters - and justify a high paying job. And 1.5 percent is easily attainable at most banks for long term fixed deposits in the right currency mix.

Apparently Temasek has an internal benchmark of 8 percent rate of return, and Wealth Added bonuses are distributed to its staff when this is exceeded - GDP bonuses, national bonuses, wealth added bonuses, the powers that be can be real creative when it comes to rewarding themselves. Meanwhile, the citizens who contribute to the source of funds for their monopoly games are limited at 2.5 percent return. The previous year's report card was 4.6 percent, which makes the number for fiscal year ending March 31 look real bad. The return over 38 years since its inception in 1974 has always been showed off as an annualised 17 percent.

- http://singaporedesk.blogspot.sg/2012/07/temasek-in-rough.html

 

[johnny333]

1.5% is really pathetic. You can easily get 4 % & up to 10% from some US stocks. You also get capital appreciation when the stock prices go up.

The PAP are a bunch of parasites living off the hard work of Sporeans. All their taxes are self serving that goes to benefit the PAP & their cronies. Many are afraid to say anything because they want to avoid "problems". It's ironic, with their silence many Sporeans are now facing many, many .... "problems" caused by the PAP policies

 

[boylover]

they seem to be investing everywhere according to their portfolio, the strategy they use is buy 10 eggs, 2 are broken and still have 8 unbroken.

 

[erection2015]

2 broken.....7 cracked... 1 ok :o

they seem to be investing everywhere according to their portfolio, the strategy they use is buy 10 eggs, 2 are broken and still have 8 unbroken.

 

[Devil Within]

1.5% rate of return? If you factored in inflation, Temasek is actually losing money in terms of purchasing power and in real wealth worth.

 

[boylover]

then the papers will be splashed with news that they make money with the sole 1 edible egg. wahaha...

2 broken.....7 cracked... 1 ok :o

 

[erection2015]

very true ...very true.

then the papers will be splashed with news that they make money with the sole 1 edible egg. wahaha...

 

[Brightkid]

Has a question. Not clear from report.

TH reported a increased on portfolio.

Question : How is it possible ? Does TH has increased fund injection via MOF vis our blood CPF fund ? Where did TH get the fund nneded to fund new purchase to return 1.5% returns.

Any layman who invested in a property already reaping at least 3% rental yield! And this are non-talent that TH has.

 

[halsey02]

they seem to be investing everywhere according to their portfolio, the strategy they use is buy 10 eggs, 2 are broken and still have 8 unbroken.

With the maverick "H.C." they buy ten eggs, three are rotten, four are broken, three are moderately fresh & they tell you, it is for long term investments. LONG TERM!

 

[RWSSLOTS]

instead of using the money to invest in singapore owned home grown companies in order to make them big globally, temasek helps stupid organisations elsewhere..

 

[ginfreely]

Very easy to achieve record portfolio what, just non-stop pumping in other's people money to buy stock can achieve record portfolio easily.