KUALA LUMPUR, Dec 19 (Bernama) -- Permodalan Nasional Bhd’s (PNB) wholly owned unit trust management company, Amanah Saham Nasional Bhd (ASNB), has declared a total income distribution of 5.75 sen per unit for Amanah Saham Bumiputera (ASB) for the financial year ending Dec 31, 2025 (FY2025).
KUALA LUMPUR, Dec 9 (Bernama) -- Taishin Financial Holding has completed its merger with Shin Kong Financial Holding, with their asset management subsidiaries becoming the first units to finalise integration.
KUALA LUMPUR, Oct 6 (Bernama) – The Securities Commission Malaysia (SC) is targeting RM2 billion in assets under management (AUM) by the end of 2026 under the Single Family Office (SFO) Incentive Scheme, after receiving 30 Expressions of Interest since the scheme was launched in September 2024.
KUALA LUMPUR, May 20 (Bernama) -- Citadel Trustee Bhd, through its private wealth planning trust Citadel Dynasty Trust (CDT), expects to achieve its asset under management (AUM) target of RM10 billion within five years of the trust’s launch.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 22 (Bernama) -- Bursa Malaysia ended lower on selling activities in the financial services and industrial products and services sectors’ heavyweights, amid tensions between US President Donald Trump and Federal Reserve chair Jerome Powell.
KUALA LUMPUR, April 22 (Bernama) -- Bursa Malaysia remained in negative territory at midday, pressured by continued selling in financial services and healthcare stocks, amid tensions between United States President Donald Trump and Federal Reserve Chair Jerome Powell.
KUALA LUMPUR, April 22 (Bernama) -- Bursa Malaysia opened lower on Tuesday, tracking Wall Street’s overnight slump as friction between United States President Donald Trump and Federal Reserve (Fed) chair Jerome Powell fuelled investor concern amid a worsening trade war.
KUALA LUMPUR, April 17 (Bernama) -- Bursa Malaysia opened lower today, tracking Wall Street’s overnight losses as investor sentiment remained cautious amid lingering economic uncertainties surrounding the US tariff narrative.
KUALA LUMPUR, April 11 (Bernama) -- Bursa Malaysia retreated from yesterday’s gains to open lower on Friday, taking its cue from Wall Street’s weaker performance amid renewed worries over the global trade outlook.
KUALA LUMPUR, March 27 (Bernama) -- Bursa Malaysia maintained its upbeat momentum at midday, buoyed by buying interest in most heavyweights, particularly banking and construction counters, amid improving market sentiment, analysts said.
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.
KUALA LUMPUR, March 20 (Bernama) -- Strong buying interest in the local bourse, followed by a slew of initial public offerings (IPOs) and growth in total outstanding for the bond and sukuk market has resulted in an increase in the size of the capital market by 9.7 per cent to RM4.2 trillion in 2024 from RM3.8 trillion in 2023.
