Temasek is a global investment company headquartered in Singapore, with a net portfolio value of S$434 billion (US$324 billion, €299 billion, £250 billion, and RMB2.35 trillion) as at 31 March 2025. Marking our unlisted assets to market would provide S$35 billion of value uplift and bring our mark to market net portfolio value to S$469 billion.

Our Purpose So Every Generation Prospers guides us to make a difference for today's and future generations.

Operating on commercial principles, we seek to deliver sustainable returns over the long term.

We have 13 offices in 9 countries around the world: Beijing, Hanoi, Mumbai, Shanghai, Shenzhen, and Singapore in Asia; and Brussels, London, Mexico City, New York, Paris, San Francisco, and Washington, DC outside Asia. 

For more information on Temasek, please visit www.temasek.com.sg.
For Temasek Review 2025, please visit www.temasekreview.com.sg.
For Sustainability Report 2025, please visit https://www.temasek.com.sg/content/dam/temasek-corporate/sustainability/2025/Temasek-Sustainability-Report-2025.pdf.

Introduction

Team Overview

Temasek has established a dedicated Portfolio Construction Team within the Portfolio Strategy & Risk Group Office (PSRGO) under the CIO. The team's mandate is to guide the overall portfolio towards a more optimal risk-return profile and enhance its resilience by assisting with strategic capital allocation decisions.

Role Summary

We are seeking a highly analytical Intern to provide essential operational and research support. This role is designed to be a meaningful, deep-dive experience into institutional portfolio construction. You will assist the team in efforts to narrow and lift the cone of outcomes, directly contributing to the resilience of the portfolio.

By providing essential analytical support — including research, data analysis, working with first and third party software and data systems and cross-function engagements — you will help increase the team's capacity to scale across key objectives.

Responsibilities

Portfolio Construction Support: Research and analyse capital allocation frameworks to achieve portfolio goals.
Quantitative Analysis: Assist in developing and maintaining quantitative models and tools to support asset allocation and portfolio optimisation.
Investment Research: Conduct research on asset classes and investment strategies to evaluate their fit within broader portfolio objectives.
Process Enhancement: Identify manual bottlenecks and streamline workflow processes to enhance team productivity and output quality.

Requirements

Academic Background: Currently pursuing a degree in a finance and/or quantitative field with a strong comfort level in Mathematics, Econometrics, and Programming.
Technical Skills: Demonstrated interest in investing, Portfolio Construction Theory, optimisation methodologies, and financial modelling. Proficiency in Microsoft applications, Python and Power Automate would be good to have.
Collaborative Mindset: A team player with the ability to communicate goals effectively with diverse stakeholders.
Analytical Passion: A demonstrated passion for analysing complex investment problems and generating actionable insights.

Project Intern, Portfolio Strategy & Risk Group, PSRGO Portfolio Construction