Malaysia’s fund industry has grown assets 8.86% this year to RM 758bn ($179bn), according to Zainal Izlan Zainal Abidin, Securities Commission Malaysia’s managing director for development and Islamic markets.
Tag: Malaysia
Malaysia appoints fund supervision exec
Securities Commission Malaysia (SC) has appointed Salmah Bee Mohd Mydin as director of intermediary and fund supervision, according to a statement from the regulator.
Financial planners surge in Malaysia
The number of firms engaged in financial planning in Malaysia has increased by 45% since 2015, while the number of licensed financial planners has grown by around 23%, according to Ahmad Fairuz Zainol Abidin, Malaysia’s Securities Commission deputy chief executive.
Malaysia joins fintech race
Standard Chartered Bank and Allianz have teamed up with Supercharger, a fintech accelerator programme that has expanded to Malaysia.
A look at Malaysia’s Islamic funds
Equity funds still dominate Malaysia’s sharia-compliant funds, which have been gathering assets the last three years.
Malaysia, Japan AMs to launch HK funds
Capital Dynamics Asset Management and Daiwa SB Investments have received authorisation from Hong Kong’s Securities and Futures Commission to sell their funds in Hong Kong, according to the regulator.
Malaysia’s HNWIs cool to Shariah funds
Malaysia continues to dominate Southeast Asia’s Shariah fund market, but demand has been driven by institutional investors, with little interest from HNWIs, according to a report by Boston-based research firm Cerulli Associates.
Malaysia’s first China mixed-asset fund
Malaysia’s CIMB-Principal Asset Management launches the country’s first China-focused multi-asset fund.
In case you missed it – Funds and Asset Management Updates
Aviva Investors names Charles Wong as head of Asia wholesale distribution; Pinebridge poaches APAC marketing exec from SSgA; a fintech association launches in Hong Kong; fintech agreements in Singapore and Malaysia; CSOP’s China ETF sees huge inflows following MSCI’s China inclusion announcement; and more…
Malaysia to develop “more vibrant” ETF market
Malaysian regulators have noted the benefits of ETFs and given recommendations aimed at incentivising new issuance, according to a statement from the regulator.
