UOB’s copywriting fail; South Korean managers launch “unification funds”; UOB AM launches alts fund for retail investors; Malaysia’s Affin Hwang establishes private equity arm; Janus Henderson names new head of Asia distribution; institutional investors embrace ESG integration; and more…
The share of AUM in Malaysian sharia-compliant mutual funds has declined from the peak of 40.7% in March 2016 to 39.4% in March 2017, according to data from Morningstar.
The patchwork of regulations and cultures in Asia put limitations on absolute return funds in the region, according to David Ng, CIO of Affin Hwang Asset Management.
The Malaysia-based asset management firm has launched a Shariah-compliant retirement product.
Affin Hwang Asset Management has launched its maiden UCITS fund, the first Luxembourg-registered fund in Malaysia, according to Esther Thye, chief strategy officer.
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