Incorporated in 1974, Temasek is an investment company based in Singapore, with a S$242 billion (US$180 billion; €158 billion; HK$1.40 trillion; £125 billion) portfolio as at 31 March 2016. Temasek's portfolio covers a broad spectrum of sectors: telecommunications, media & technology; financial services; transportation & industrials; consumer & real estate; life sciences & agriculture; energy & resources. Its investment themes reflect Temasek’s perspectives on long term trends: