RHB Asset eyes RM400mil with launch of two new funds


(from left) Allianz Global Investors Director and Co- Portfolio Manager Stephen B.Jue, MD/CEO, Regional Head of RHB Group Asset Management Eliza Ong Yin Suen and China Asset Management Senior Portfolio Manager Raymond Jing launching the RHB Shariah China Focus Fund and RHB Global Artificial Intelligence Fund. - SAMUEL ONG/The Star

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.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!

RHB , China , fund , Global Artificial , Shahriah ,

   

Next In Business News

Trading ideas: MyEG, Axis REIT, Mah Sing, Capital A, Hibiscus, Chin Hin, Carlsberg, I-Bhd
Businesses concerned about rising forex woes
Booming eCommerce bolsters consumption
Sasbadi reports record high quarterly revenue on robust sales
LME takes aim at traders’ Russian metal games with new rules
Helping more city-state F&B businesses to expand overseas
Funds raised by Singapore’s tech startups up 59% in 2023
Fernandes on board Capital A for five more years
China’s prices are too low for buyers to sweat about tariffs
UK firms told to ‘urgently review’ green claims

Others Also Read