SINGAPORE, Oct 6 — 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 (US$55.14 billion or RM229.02 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.
--Reuters
