Assets in foreign investment funds in Thailand soared 60% to $17bn this year compared to 2016 as Thai investor appetite for global funds continues to rise.
Tag: Malaysia
Barings explains off-benchmark Vietnam holdings
Barings’ head of Asean equities Soo Hai Lim expects an expansion of the tourism industry and economic growth potential in Vietnam to support the equity market.
Aminvest launches first robotics fund in Malaysia
The robotics-themed equities fund is a feeder fund investing in a Luxembourg-domiciled product from Axa.
i-Fast’s China AUA grows 140%
Singapore-headquartered i-Fast Group’s assets under administration (AUA) in China grew 140.5% to RMB 466m ($68.3m) in June from the previous year, according to the firm’s first half financial results.
Shariah funds gather assets in Malaysia
Assets of shariah-compliant funds in Asia continue to grow, driven by the markets of Malaysia and Indonesia, according to a report by Boston-based research firm Cerulli Associates.
Entire board of Malaysia’s SWF quits
All nine members of Khazanah Nasional’s board of directors have resigned, possibly impacting foreign funds with positions in Malaysian companies.
Malaysia takes step to allow L&I ETFs
Bursa Malaysia has published a consultation paper to develop the country’s ETF market, which includes the introduction of leveraged and inverse ETFs, according to a statement from the local bourse.
Malaysia’s Islamic funds struggle to attract new assets
Although Malaysia’s sharia-compliant funds continue to attract assets, their share of net new flows into the country’s mutual funds has been decreasing.
Malaysia’s Kenanga partners with Yuanta
Kuala Lumpur-based Kenanga Investors has entered into a strategic partnership with Taipei-based Yuanta Securities Investment Trust to develop exchange-trade funds in Malaysia.
CIMB-Principal tops up RQFII quota
Kuala Lumpur-based CIMB-Principal Asset Management has received additional quota enabling the firm to invest in China’s onshore markets, according to latest records from the country’s State Administration for Foreign Exchange (SAFE).