Temasek's assets likely to have jumped to a record-high $215b

Thanks to rebound in global stocks.

According to Bloomberg, Temasek Holdings Pte’s assets probably jumped to a record as Singapore’s state-owned investment company benefited from a rebound in global stocks.

"The company, which will release its annual review tomorrow, may have increased the value of its holdings by at least 8.6 percent to S$215 billion ($170 billion) in the year to March 31, according to CIMB Research Pte, Tufts University and Institutional Investor’s Sovereign Wealth Center," Bloomberg reported.

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