Temasek's direction under new management

Nomura research on Temasek reckons changes are likely under incoming CEO Charles Goodyear and comments on the firm's returns on its financial sector investments.

Charles Goodyear is slated to take over as chief executive officer of Temasek from Ho Ching on October 1. This has prompted Nomura to review the Singapore-based investment firm's track record and strategies under Ching, and to draw inferences from Goodyear's background as to how he will manage the firm. Its conclusions were published in a research report last week.

The analysis of Temasek is what Nomura terms an anchor report, in which it examines the key themes and value...

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