SC: Asset management industry slowing down


Syed Zaid: The focus on the asset management industry is timely as data from the last five years suggested that it might have reached an inflection point with signs pointing to slowing future growth.

KUALA LUMPUR: Malaysia’s asset management industry which has grown rapidly over the last decades has shown signs of a slowdown amid fundamental shifts which are expected to alter the business landscape, according to Securities Commission Malaysia (SC) chairman Datuk Syed Zaid Albar.

He said over the past 20 years, the industry had been recording strong growth with a compound annual growth rate of 16%.

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