Temasek to invest $198m in Betashares.

Temasek, a global investment company, agreed to invest $198m in Betashares, an Australian financial services company. “Since founding the business 14 years ago, we have developed a leading position in Australia’s ETF industry. We have worked hard to expand the range of high-quality investment solutions available to investors and their financial advisers, democratised access to wealth creation opportunities for our clients, and improved the range of genuine educational content, emphasising the power of long-term investing,” Alex Vynokur, Betashares Founder and Chief Executive Officer.