Raiz Invest’s investor base in Malaysia and Indonesia is growing.
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Raiz Invest’s investor base in Malaysia and Indonesia is growing.
The firm has also launched the platform in other markets in Asia, including Hong Kong and the Philippines.
The Nikko AM Ark Disruptive Innovation Fund has returned nearly 100% this year.
This is the second product that the firm launched with HSBC Global Asset Management.
Schroders is the investment adviser of the new shariah-compliant investment product.
This is the first time that Zurich Takaful has partnered with a foreign manager to launch a fund product.
But thematic equity products were also popular during the first half.
The bank has found replacements for Chow Shang-Wei, who left the bank earlier this year and is now Deutsche Bank’s head of wealth management for Southeast Asia.
The fund aims to distribute income on a bi-monthly basis, targeting 4-4.5% per annum.
The number of ETFs listed in Malaysia has grown to nearly 20 from just 11 since the country’s regulator revised ETF rules in 2018.
Part of the Mark Allen Group.