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Singapore’s Temasek plans to transform Seviora into an Asian version of BlackRock

Singapore’s Temasek plans to transform Seviora into an Asian version of BlackRock

Singapore | Singapore’s latest push to bolster its position as a global finance hub centres on creating an Asian version of BlackRock, the $US14 trillion ($20 trillion) asset management juggernaut.

Many in the city-state believe that Singapore needs an investment manager with a global presence to match its status as an international finance centre.

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Financial Times

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