The restructuring in several PNB main investment companies has started to bear fruit.
Group chairman Tan Sri Abdul Wahid Omar says the restructuring exercises have helped the fund to outperform the broader stock market. The largest fund management firm in the country saw a 7.1% increase in net income to RM15.4bil during the first 11 months of the year, which allowed it to boost returns for its flagship fund Amanah Saham Bumiputera (ASB) to a three-year high.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!