In a clear move to show that Malaysia's largest fund - management company is on a transformative path, PNB invited members of the media for a briefing to explain how it will navigate its way and maintain growth over the next six years in the midst of.
Maybank ... management plan (AUM), this product is targeted to reach Rp 500 billion in the first year," said Denny. Denny added that Maybank would continue to deliver mutual fund products, which could be a key interest for customers with a long-term.
KUALA LUMPUR: Maybank Asset Management (MAM), which yesterday launched its first Islamic equity fund under the Asean passport framework, expects to grow its asset under management (AUM) to over RM20 ... The minimum initial investment for retail investors.
Swiss boutique asset management firm Unigestion has reached final close of 255 million euros (approximately $290 million) for its Unigestion Direct Opportunities 2015 (UDO 2015) fund, with participation from Asian investors. The firm said, the final.
The Fund is currently distributed via Maybank Malaysian branches, and is also available for subscription via Employee Provident Fund (EPF) Members' Investment Scheme ... achievement with the growth of assets under management raised from both retail.
This is something recognised by Ken Fisher, Chairman of US wealth management firm Fisher Investments , which itself has $71bn in assets under management . He once wrote in Forbes: “Hundreds of investors ask me questions each year about the dilemmas .
Between 2016 to 2Q17, Maybank Kim Eng said banks' AUM grew decently by between 5-7%, thanks to their wealth franchise. Wealth management (WM) fees continued to drive revenue contribution, which grew by 24-43% YoY and 32-55% YoY across the .
The Luxembourg-domiciled fund was first launched in April 2015, and has about US$148 million (S$205 million) of assets under management as of May 31 this year. Since its inception in 2015, the fund has achieved annualised returns of 5.9 per cent per .
Although almost half of its $69.6 billion in assets under management are in the staid, low-fee world of fixed income, Fortress's private equity funds invest in senior-living centers and railroads, and its hedge funds buy distressed real estate credit.
Japan's Mitsubishi UFJ Financial Group Inc (MUFG) is ready to spend up to 1 trillion yen ($9.05 billion) to acquire global asset management firms to double the amount of clients' money that it handles, a top executive told Reuters. Mitsubishi UFJ Trust.
Purpose has over $3.4 billion in assets under management and currently offers 35 exchange traded funds and mutual funds and 7 closed-end funds across multiple asset classes and both traditional and alternative investment strategies. Redwood Asset.
Maybank Private Wealth which has been operational for 3 years now has an AUM of about US$8bil. Starting from a small base of US$4bil, its CAGR for the past 3 years has ... Nevertheless, bankers concede that one of the biggest issues in the industry is.