Temasek to invest up to US$198 mln in Australian ETF manager Betashares

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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.

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The funding is expected to drive the expansion of Betashares' offerings in Australia and overseas, it said in a statement.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaAustraliaSingapore

Topics: Exchange-traded fund /Business/Business News Betashares Corporate News Temasek

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-17 @ 09:10:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 202 words

Reading Time: 2 minutes read

Sentences: 8 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 21275630

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 26 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 33 minutes ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #22

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