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Singapore's Temasek plans to invest up to $30 bln in US over the next five years
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Singapore's Temasek plans to invest up to $30 bln in US over the next five years
Jul 29, 2024 4:04 PM

NEW YORK, July 29 (Reuters) - Singapore state investor

Temasek plans to invest up to $30 billion over the next five

years in the US in sectors such as healthcare and financial

services.

"It's an incredibly deep and broad capital market in the

US," said Jane Atherton, Temasek's head of North America, in an

interview. "The US is really at the forefront of everything

that's happening from the AI perspective."

About 22% of Temasek's investments are in the Americas and

19% in China. Its exposure to the Americas surpassed China in

the last financial year for the first time in a decade.

(Reporting by Carolina Mandl, Saeed Azhar, Lewis Krauskopf and

Ira Iosebashivili, in New York)

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