Temasek Holdings to Sell Indian Funds Management Unit

Posted on 11/05/2008


Singapore’s Temasek Holdings plans to sell its Indian mutual fund venture to Religare Enterprises Ltd. The venture is called Lotus India Asset Management Co. Lotus India Asset Management Co. is a JV between Fullerton Fund Management Group (part of Temasek), and Sabre Capital Worldwide Inc. The JV had assets under management of 54.58 billion rupees […]