KUALA LUMPUR: RHB Group Asset Management (RHBGAM) has announced a collaborative partnership with Chinese fund management company China Asset Management (ChinaAMC) and Allianz Global Investors (AllianzGI) to launch Malaysia’s first syariah-compliant China fund, RHB Shariah China Focus and RHB Global Artificial Intelligence fund.
“With AllianzGi and ChinaAMC, we hope these two funds will raise approximately RM400mil between now and the next 12 to 18 months’ time,” said RHB managing director and regional head of group asset management Eliza Ong Yin Suen during a press conference.