July 8, 2024
Investment

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

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