Singapore's Temasek Holdings invests up to A$300m in Australian ETF manager Betashares.
Singapore's Temasek Holdings, a state-owned investment firm, is investing up to A$300m ($198.4m) in Australian ETF manager Betashares, making it the second global investor on Betashares' shareholder register. Betashares, founded by Alex Vynokur, manages over A$38bn in assets and aims to expand in Australia and other markets. The Australian ETF industry's market cap reached A$177.5bn in 2023.
June 16, 2024
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