Temasek bets on US, Europe as geopolitical tensions grow

Temasek appears keen to build a higher profile in Europe and the Americas as it expands its investment footprint and the number of its developed market outposts. It is a shift that may become more important amid a worsening geopolitical environment. The S$382 billion ($289 billion) fund has over the years remained firmly anchored in Asia, which accounts for two-thirds of its portfolio by underlying exposure, but in the past decade its investments in both the Americas and in Euro…