Temasek keeps 25% of portfolio liquid to weather shocks and seize trends, CIO says

Singapore state investor Temasek will keep 25% of its portfolio, or about $100 billion, in liquid assets to ride through shocks and pivot with changing trends including AI, its Chief Investment Officer said. “That liquidity allows you to ride through shocks, and there will be many ‌shocks, but ⁠also ⁠allows you to pivot with changing trends,” Rohit Sipahimalani told the Reuters NEXT Asia event in Singapore on Thursday. Temasek reported on Wednesday its highest-ever net portfolio value of S$518 billion ($400 billion), helped by gains in listed Singapore companies and asset sales.