The Malaysia fund manager is offering a product to domestic investors that focuses on China and HK companies likely to benefit from the development of China’s Greater Bay Area.
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The Malaysia fund manager is offering a product to domestic investors that focuses on China and HK companies likely to benefit from the development of China’s Greater Bay Area.
The firm hopes to offer services across Southeast Asia from its regional base in the country.
The firm is seeking to hire key business and investment officers who will be based in the country.
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.
Part of the Mark Allen Group.