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SEOUL: As South Korea prepares to lift a 17-month ban on short selling, market watchers are expressing confidence that long-term benefits from the resumption of the popular trading practice will far outweigh any near-term volatility.
KUALA LUMPUR: Public Bank Bhd's wholly-owned subsidiary, Public Mutual Bhd has declared distributions of over RM148mil for five funds.
KUALA LUMPUR: AmInvest has declared an income distribution of about RM133.2 million for 47 unit trust and wholesale funds from October to December 2024.
BANGKOK: Former Thai Prime Minister Thaksin Shinawatra is among 22 prominent figures appointed to Indonesia's sovereign wealth fund, Daya Anagata Nusantara (Danantara), in an effort to boost positive sentiment toward the Indonesian economy.
KUALA LUMPUR: Public fund management and bullying at the Royal Military College are among the issues set to be discussed in the Dewan Rakyat on Monday (Feb 24).
KUALA LUMPUR: Hong Leong Asset Management Bhd (HLAM) has declared income distribution worth RM241 million for seven funds for the Jan 1 - Dec 31, 2024 period.
KUALA LUMPUR: Maybank Asset Management Sdn Bhd (MAM Malaysia) has introduced the Maybank Global Technology-I Fund, its second in-house global fund and a key addition to its suite of Shariah-compliant investment solutions.
New sovereign fund Danantara Indonesia unveiled on Monday what it called a "dream team" to chart its strategy, including ex-presidents as well as advisory roles for top finance experts.
JAKARTA: Indonesia's sovereign wealth fund Danantara will focus on investments in the mineral sector, digital infrastructure, renewable energy and healthcare, among others, even as critics questioned its ability to avoid mixing business with political interests.
KUALA LUMPUR: Assets under management (AUM) of the investment management industry continued its upward trajectory, reaching RM1.07 trillion as of Dec 31, 2024, up from RM975.48 billion in 2023.
BANGKOK: Deputy Prime Minister and Finance Minister Pichai Chunhavajira (pic) said on Tuesday (March 18) that a new asset management company (AMC) may be established in collaboration with banks to purchase people's debts.
Multi-strategy hedge funds are facing their biggest challenge since the early days of the pandemic amid a market sell-off that's forcing them to unwind crowded trades at a ferocious clip.
PUTRAJAYA: Due diligence and conditions including a complete restructuring of Sapura Energy Bhd's top management were conducted before the RM1.1bil capital injection into the company, says Prime Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR: AHAM Asset Management Bhd (AHAM Capital) is terminating two of four of its TradePlus exchange-traded funds (ETFs) – TradePlus DWA Malaysia Momentum Tracker and TradePlus MSCI Asia Ex Japan REITs Tracker – due to small fund size and high expenses.
LONDON: Hedge fund stock pickers and multi-strategy funds gave up around half their average yearly gains last Thursday's tech-driven equity sell-off, a note by Goldman Sachs shows.
PUTRAJAYA: Prime Minister Datuk Seri Anwar Ibrahim has assured the people that all development and public welfare projects will proceed in all areas, regardless of whether funding is channelled through the respective Members of Parliament (MPs).
PUTRAJAYA: A former investigating officer in the 1Malaysia Development Bhd (1MDB) case said he did not recommend the Attorney General's Chambers (AGC) press charges against several former management staff.
KUALA LUMPUR: PMB Investment Bhd has announced an 11.40 sen per unit income distribution for the PMB Shariah Growth Fund for the financial year ended Feb 28, 2025.
HONG KONG: Soros Fund Management, founded by billionaire George Soros, plans to shut its Hong Kong office as part of an administrative reorganisation, but says it will continue to invest in Asia.
