In total, the Kuala Lumpur-based firm has launched eight funds since the start of 2018.
Tag: Public Mutual
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.
In case you missed it (22 June 2018)
UOB’s copywriting fail; South Korean managers launch “unification funds”; UOB AM launches alts fund for retail investors; Malaysia’s Affin Hwang establishes private equity arm; Janus Henderson names new head of Asia distribution; institutional investors embrace ESG integration; and more…
Malaysia’s Public Mutual launches regional funds
Public Mutual has launched two mutual fund products that invest in the Asean and Greater China markets.
In case you missed it – Funds and Futures News
Malaysian stock picker says “fund management is boring”; BNY Mellon IM creates client services role; Australia’s Insight Investment poaches from Barings for global distribution role; Allianz GI launches an SGD income fund in Singapore; Eastspring and Phillip Securities enter distribution agreement in Indonesia; Mass Mutual sells its Hong Kong business to Jack Ma-backed Yunfeng Financial; and more…
Slump in Malaysian Islamic mutual funds
The share of AUM in Malaysian sharia-compliant mutual funds has declined from the peak of 40.7% in March 2016 to 39.4% in March 2017, according to data from Morningstar.
