THE AmMerchant Bank group and Australia’s Macquarie Bank group have jointly launched the Am-Macquarie Sovereign Plus Fund, the 1st primary listing of an open-ended fund on the Labuan Financial Exchange (LFX), Malaysia’s offshore financial centre.
AmMerchant said in a statement yesterday that institutional inves-tors in Asia Pacific wanting to gain exposure in the international interest rate and currency markets can now do so through the fund, which is managed through Macquarie Fund Management, a division of the Macquarie Bank group.
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