Maybank Asset Management Group CEO Badrul Hisyam Abu Bakar said the group remains committed to delivering a range of global investment strategies to cater to the high net-worth community
KUALA LUMPUR: Maybank Asset Management Group (MAMG) and Schroder Investment Management (Singapore) Ltd have formalised a long-term strategic partnership to co-develop a range of specialised investment solutions for the growing and increasingly sophisticated wealth market in Malaysia.
Marking the start of this collaboration, two discretionary portfolios will be launched in November 2018 — Global High Dividend Equity Portfolio and Global High Conviction Portfolio.
These portfolios will be managed by MAMG’s unit, Maybank Asset Management Malaysia (MAM Malaysia), with Schroders Singapore as the investment adviser.
MAMG CEO Badrul Hisyam Abu Bakar said on the group remains committed to delivering a range of global investment strategies to cater to the high net-worth community’s evolving financial needs, through a pioneering tie-up with Schroders.
“By integrating our strength in local wealth management with Schroders’ global investment capabilities, the resulting synergy will allow us to deepen our foothold in the Malaysian wealth market, through dedicated offerings designed to achieve investors’ desired outcomes,” he said.
As part of this partnership, MAMG and Schroders will undertake further collaboration projects in 2019 to co-develop solutions across other asset classes, including Shariah-compliant investments and private assets.
Schroders Singapore country head Susan Soh said: “We believe our ability to combine the key tenets of asset management and wealth management offers a differentiated value proposition to MAM Malaysia’s clients.”
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
