Goh Wee Peng has replaced Maznah Mahbob as the CEO of the Kuala Lumpur-based asset management firm.
The robotics-themed equities fund is a feeder fund investing in a Luxembourg-domiciled product from Axa.
Harvest launches an ETF in China; Malaysia’s Am Invest rolls out a feeder fund; Schroders completes acquisition of PE firm Adveq; Willis Towers Watson creates APAC financial solutions role; GAM poaches from Schroders for Japan sales role; Newton Investment Management introduces new management structure; and more…
Feeder funds are gaining traction in Southeast Asia, as local investors warm to geographic diversification of investments.
Malaysia’s AmInvest has unveiled mixed asset and equity growth feeder funds that offer investors access to funds offered by Allianz Global Investors.
AmInvest has opened a feeder fund which will allow Malaysian high net worth investors to access BlackRocks Global Multi-Asset Income Fund.