Maybank targets China and Asean markets

KUALA LUMPUR: Maybank Group’s asset management arm, Maybank Asset Management Sdn Bhd has partnered with China-based Bosera Asset Management (International) Co Ltd to launch the first Islamic equity fund called Maybank Bosera Greater China Asean Equity-i Fund.

Chief executive officer of Maybank Asset Management Group Nor Azamin Salleh said the Bosera equity fund to be marketed in China and other Asean countries is the first syariah-compliant fund under the Asean passport framework approved by the Securities Commission two months ago.