The Malaysian asset manager tapped Manulife Investment Management for the top job.
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The Malaysian asset manager tapped Manulife Investment Management for the top job.
The wholesale feeder fund invests a J.P. Morgan global equity actively managed ETF.
The German firm expects to complete its purchase of an Indonesian asset manager by the end of this year.
RHB AM expects that it will be able to attract RM 100m ($23.7m) for its US-focused income fund in the next couple of months.
The Principal BRIC Emerging Economies Fund is among SFC-authorised funds to be terminated due to their small asset size.
Feeder funds are gaining traction in Southeast Asia, as local investors warm to geographic diversification of investments.
The four ETFs seek to track key global indices: the S&P 500 index, the Euro Stoxx 50, the Nikkei, and the MSCI EM Asia index.
Malaysia-based RHB Asset Management is planning to launch 16 new products this year as it targets RM58bn ($16bn) in assets under management by year’s-end.
RHB Asset Management has launched a dividend-focused feeder fund, which aims to invest in high yielding stocks and contain downside risk during volatile market conditions.
Malaysia’s RHB Asset Management has launched an Asian equity fund that aims to invest in companies with entrepreneurial characteristics.
Part of the Mark Allen Group.