From left: Datuk Dr Ahmad Azman, managing director, SJ Securities; Abd Malik A. Rahman, chairman, Affin Hwang Capital; Selvarany Rasiah, chief commercial Officer, Bursa Malaysia; Tunku Datuk Paduka Jaafar Laksmana Tunku Nong Jiwa, chairman, AIIMAN Asset Management; Teng Chee Wai, managing director, Affin Hwang AM; Datuk Muhamad Umar Swift, CEO, Bursa Malaysia; and Jaekyu Bae, executive VP and CIO of Samsung Asset Management.
KUALA LUMPUR: Affin Hwang Asset Management Bhd (Affin Hwang AM) marked a new milestone for the industry with the launch of the country’s first leveraged and inverse (L&I) exchange traded fund (ETF) which was listed on the Main Market of Bursa Securities on Friday.
To bolster its passive offerings, the company announced the simultaneous listing of four ETFs on Bursa -- two leveraged and two inverse ETFs -- providing investors the opportunity to profit from both bull and bear market trends.
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