Temasek to invest up to $198m in Australian ETF manager Betashares

Temasek to invest up to $198m in Australian ETF manager Betashares

FILE PHOTO: A woman passes a logo of state investor Temasek Holdings at their office in Singapore July 8, 2014. REUTERS/Edgar Su/File Photo

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.