Aberdeen Standard Investments takes $13m minority stake in Singapore Life

Pedro Gonçalves
clock • 1 min read

Aberdeen Standard Investments has taken a $13m stake in Singapore-based life insurer Singapore Life. The investment extends Aberdeen Standard Investment's (ASI) strategic relationship with Singapore Life beyond the management of its investment assets. This will allow (ASI) to participate in the long-term growth of the next generation life insurance company as it expands its business further across South East Asia. The Aberdeen Standard Investments' (ASI) subscription of $13m as a minority equity partner follows the recent Aflac Investment of $20m, and brings the total capital raise...

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