Temasek’s fund says investors crossed ‘maximum fear’ point

Fullerton is still bullish on prospects in Asia, where it has most of its assets, and it said the goal to manage US$3 billion excluding Temasek’s funds by mid-year is achievable. State owned Temasek manages a portfolio worth more than US$100 billion.

“The fundamental reasons for this secular growth are all in place,” Lee said. “The few of the big economies are found in Asia. I’m talking about China, India, Vietnam and South Korea. So Asia being a destination for investment money from the developed world will continue to grow.”

Fullerton aims to expand in the U.S., Europe, Australia and the Middle East, working with local partners to sell its funds or distributing directly to investors. Earlier this month, it teamed up with EFG Hermes Asset Management to bring Middle Eastern funds to Asian investors. The company wants to grow its Middle Eastern and North African fund to US$100 million within a year, Lee added.

Write a Comment
CAPTCHA Code Image
Type in image code
Change the code
 Receive China Post promos Respond to this email
china post
Subscribe  |   Advertise  |   RSS Feed  |   About Us  |   Career  |   Contact Us
Sitemap  |   Top Stories  |   Taiwan  |   China  |   Business  |   Asia  |   World  |   Sports  |   Life  |   Arts & Leisure  |   Health  |   Editorial  |   Commentary
Travel  |   Movies  |   TV Guide  |   Classifieds  |   Bookstore  |   Getting Around  |   Weather  |   Guide Post  |   Student Post  |   English Courses  |   Terms of Use  |   Sitemap