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.
Tag: CIMB Principal Asset Management Malaysia
CIMB-Principal launches first sukuk Ucits fund
The Irish unit of Malaysia-headquartered CIMB-Principal Islamic Asset Management has launched its first global sukuk Ucits fund.
PGI targets Asia wholesale segment
The firm aims to get its funds on the shelves of key private bank distributors for the wholesale segment, and it has made key senior hires this year to drive efforts.
Slim returns for Malaysian equity funds this year
Malaysian equity funds appear set to end the year with weak returns against a backdrop of low commodity prices and souring investor sentiment.
Asia funds turn negative
Returns from nearly all Asia ex-Japan equity funds have moved into negative territory after the recent sell off in Asian equities.
Citibank in pact with Cimb principal in Malaysia
Citibank (M) Berhad has entered into an agreement with CIMB-Principal Asset Management Malaysia‚ becoming the first foreign bank in the country to distribute private retirement scheme solutions.
