Southeast Asia Archives - Page 10 of 21

Malaysia’s Kenanga expands ETF biz with Valuecap acquisition

Valuecap intended to exit the asset management business.

Following the roll-out of its global healthcare strategy.

The deal between Envysion Wealth and Bill Morrisons will give investors in Malaysia access to an international platform.

An A-share “innovation” fund has been launched by UOB AM. Separately, Malaysian investors have turned positive towards China equities.

The firm had operated securities brokerage and investment advisory businesses without a license.

The US asset manager will provide customised portfolios for the mass retail market.

The onshore team will be led by industry veteran Saranya Arunsilp, who was previously at Kasikornbank.

One of the firm’s offshore strategies almost doubled in size in 2020.

Affin Hwang AM and Hong Leong AM are the latest to launch investment apps in the country.

The SFC has also signed similar agreements with Netherlands, mainland China, Switzerland, the UK, Luxembourg and France.