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Temasek-backed manager: ‘China plus 1’ the solution to Asia volatility

Volatile Chinese markets have unsurprisingly been a tough sell for private banks in 2024, but a Temasek-backed private markets manager has come up with an intriguing solution. SeaTown, founded in Singapore in 2009, sees the “China plus 1” strategy adopted by many companies to diversify their supply chains into ASEAN, as an important thematic investment opportunity for private wealth clients…

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