TR EMERITUS

New investment record for Temasek.   Phillip Ang      Read More →

Sometime in April of this year, I decided to write a piece on a quote by Prince Charles, the heir to the British Throne, which was entitled “ALL THE TIME I FEEL I MUST JUSTIFYMY EXISTENCE.” I felt that the quote was post-worthy because it summed up a fact of life and the fact that a man who didn’t have to worry about money... 

The last few days have seen a savage sell-off in Chinese tech stocks that has wiped hundreds of billions of dollars off their market capitalisation. The Hang Seng Technology Index has fallen some 24% since the date of Temasek’s year end valuation and by 43% from its peak. While there is no transparent market in pre-IPO and...