US$54bn Singapore fund manager joins Middle East gold rush

Seviora Group, the Singapore-headquartered asset management group wholly-owned by state investment fund Temasek, has expanded into the Middle East and appointed a senior executive to run the business. The firm, which has about US$54 billion in AUM, said it has hired Sadiq Hussain as senior executive officer to run its new Abu Dhabi office. Seviora hopes to use the expansion…

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