UOB asset aims to grow AUM by 20-30% in 2015


KUALA LUMPUR: UOB Asset Management (M) Bhd aims to grow its asset under management (AUM) by 20 to 30% this year from RM5.16bil currently, mainly driven by its new products in the pipeline.

"We have several innovative funds in the pipeline and are confident of achieving a higher number this year," she said at a media briefing on Asian Fixed Income Outlook and the launch of United Target Income Bond Fund here today.

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