Temasek to invest up to $198 million in Australian ETF manager Betashares
(Reuters) – Singapore-based investment firm Temasek Holdings will invest up to A$300 million ($198.4 million) in Australian exchange-traded fund manager Betashares, the company said on Monday. The funding is expected to drive the expansion of Betashares’ offerings in Australia and overseas, it said in a statement. With the investment, Temasek will hold an undisclosed minority