Singapore's Temasek establishes new asset manager overseeing $55 billion
Reuters
Published Oct 06, 2020 04:28AM ET
Updated Oct 06, 2020 05:25AM ET
SINGAPORE (Reuters) - Singapore state investor Temasek Holding said on Tuesday that it has established a new asset management group that will have combined assets under management of about S$75 billion ($55.14 billion).
Seviora Holdings Pte Ltd will be set up as the operational holding company for four existing asset management companies currently wholly-owned by, or affiliated to, Temasek.
Those firms are Azalea Investment Management, Fullerton Fund Management Company, InnoVen Capital and Seatown Holdings International.
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Written By: Reuters
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