The Maybank Global Wealth Conservative-I Fund aims to achieve an income distribution of 7% annually.

The Maybank Global Wealth Conservative-I Fund aims to achieve an income distribution of 7% annually.
The company joins Malaysia’s Maybank Group to expand investment access for rich Malaysians.
T Rowe Price partners with Maybank Asset Management Malaysia to sell the product to Malaysian private wealth investors.
The Malaysian firm currently manages six retail mutual funds in the Lion City.
Schroders is the investment adviser of the new shariah-compliant investment product.
The fund aims to distribute income on a bi-monthly basis, targeting 4-4.5% per annum.
The firm intends to launch a balanced fund for retail investors in the Lion City.
Malaysia’s Maybank Asset Management is acquiring two mutual fund businesses of Permodalan Nasional Berhad (PNB) in Malaysia and Singapore, the firm announced.
Feeder funds are gaining traction in Southeast Asia, as local investors warm to geographic diversification of investments.
The Malaysian firm has launched a fixed income feeder fund, which invests in an Asian fixed income product managed by its Singapore arm.
Part of the Mark Allen Group.