Maybank Asset, Schroders S’pore to launch two discretionary portfolios

(From left) Maybank Asset Management Malaysia chief investment officer Abdul Razak Ahmad, Maybank Asset Management Group chairman Dr Hasnita Datuk Hashim, CEO Badrul Hisyam Abu Bakar, Schroder Investment Management Singapore CEO Susan Soh, Schroder Investment Management head of private assets Alan Cauberghs, Schroders Wealth Management Singapore CEO Simon Lints at the signing ceremony.

KUALA LUMPUR: Maybank Asset Management Group (MAMG), in partnership with Schroder Investment Management (Singapore) Ltd, will launch two discretionary portfolios this month, targeted at the growing high net-worth segment in Malaysia.

Following the introduction of the portfolios known as Global High Dividend Equity Portfolio and Global High Conviction Portfolio, MAMG hopes to raise between US$30mil (RM125.64mil) and US$50mil (RM209.4mil) in asset under management (AUM).