Temasek's China bank gains help boost results

Professor Melvyn Teo, Director of the BNP Paribas Hedge Fund Centre at SMU does not expect the returns of Temasek Holdings to be too different from the 4.6% seen last year. He said that overall poor investor sentiment and an increasing risk aversion will mean that it is unlikely that Temasek will report earth-shattering results. “The gains made from some of their China stock picks have been offset by the weak global equity market,” he said.