Is portfolio growth an accurate measurement of performance?

Blog Feature: Puzzling over portfolio

Today’s Blog Feature is from The Koh Report titled, “Puzzling over portfolio”, on Temasek Holdings:

Another dimension of Temasek’s achievements must also take into account its investment performance. The fact that these investments are long-term holdings have been drummed into our heads, and that Temasek’s performance have not been as bad as the global equity slump has been oft repeated. But an account of the here and now should not be unreasonable. I looked up what investment funds in other countries use as a barometer of their performance.

Arguably, one of the most transparent investment funds is Norway’s Government Pension Fund, which gives a performance breakdown at a press conference every quarter and takes emailed questions during a live Web forum. 

Read the full blog post here.