Singapore-based Keppel is an alternative asset manager and operator with SGD 68 billion of assets under management as of end-2023. The group’s key segments are infrastructure, real estate, and connectivity (including telecommunication services and operation of data centers). Most of its earnings are derived from its infrastructure segment, where it invests and operates in a portfolio of infrastructure assets. The group also has a fund management platform comprising listed and unlisted investment trusts that generates recurring fee income.
