UBS Wealth Management has hired Connie Ong from Bank of Singapore for the role of market head for Malaysia.
Tag: Malaysia
CIMB-Principal launch China fund in Malaysia
Kuala Lumpur-based CIMB-Principal Asset Management has launched Malaysia’s first China fund that uses renminbi qualified foreign institutional investor (RQFII) quota.
Malaysia readies robo-advisor licence
Malaysia’s regulator has provided details on applying for a robo-advisory asset manager licence, after first announcing the plan in 2017.
Amundi AM may follow peers with China WFOE
Amundi Asset Management is considering setting up wholly foreign-owned enterprise (WFOE) in China and plans to launch more Hong Kong-domiciled funds, according to Zhong Xiaofeng, the firm’s CEO for North Asia.
Feeder funds remain preferred entry into SEA
Partnering with domestic fund managers to launch feeder funds remains the best strategy for foreign asset managers looking at the Thailand and Malaysian markets, according to analysts from Boston-headquartered Cerulli Associates.
Malaysia sees first US-focused ETF
Kuala Lumpur-based I-Vcap Management has launched an ETF in Malaysia that tracks the biggest shariah-compliant companies in the US.
Principal to raise stakes in JVs with Malaysia’s CIMB
CIMB Group plans to sell partial stakes in its asset management subsidiaries to joint venture partner Principal Financial Group, according to CIMB’s filing with Bursa Malaysia.
Singapore’s iFast hits $5.26bn in AUA
iFast Group’s assets under administration (AUA) was up 19.3% year-on-year as of the end of September, hitting a record high of S$7.16 ($5.26bn), according to the firm’s third quarter results.
Malaysia’s Public Mutual launches regional funds
Public Mutual has launched two mutual fund products that invest in the Asean and Greater China markets.
UOB launches income fund in Malaysia
The mixed asset product is a feeder fund investing in the bank’s United Income Focus Trust.
