Malaysia Archives - Page 6 of 14

Aussie robo eyes Thai market

Sydney-based Raiz Invest aims for expansion in Southeast Asia, but does not have any intentions of tapping the Hong Kong and Singapore markets.

Following its partnership with BOCHK AM, KL-based Areca Capital is considering a similar arrangement with Value Partners.

A local asset manager’s arrangement with BOCHK is the latest in a spate of investments in foreign funds.

Malaysia’s asset managers need revitalisation and more innovation, according to a recent report.

The OCBC subsidiary aims to address Malaysia’s growing population of wealthy.

Raiz Invest has inked a joint venture agreement with Malaysia’s PNB after setting up in Indonesia last year.

The firm is in discussions with a local asset manager to white-label its products for retail and wholesale clients.

The firm has also rolled out an Islamic equity fund in Malaysia.

But the relatively complex products may have a hard time gathering assets in Malaysia’s small ETF market.

Affin Hwang AM has launched three China-focused products in Malaysia this month and it has plans to develop leveraged and inverse products.