More banks were introduced on Raiz’s platform in Malaysia as its exclusivity agreement with Maybank expired last month.

More banks were introduced on Raiz’s platform in Malaysia as its exclusivity agreement with Maybank expired last month.
The firm plans to include sustainable investments in its offering when the public mutual fund management company is established.
The new fund invests in emerging market equities, including China A-shares.
It believes the unauthorised company uses ‘boiler room tactics’.
Valuecap intended to exit the asset management business.
In a lower return environment, the firm believes that emerging markets offer the “best long-term returns globally”.
The fund may invest in other products managed by the firm.
Aqumon has made use of its AI technology to construct thematic strategies.
An increase in wealth management fees was offset by lower net interest margins and higher allowances for pandemic risks.
The firm intends to focus on offering FOFs in China.
Part of the Mark Allen Group.