RHB AM launches ESG-focused fund, targets AUM of RM100m


RHB Asset Management CEO Eliza Ong said this latest addition in its line-up of sustainability and ESG related funds underlines its efforts to continuously play an active role in driving sustainable investing practices.

KUALA LUMPUR: RHB Asset Management Bhd (RHBAM) launched the RHB Sustainable Global Thematic Fund and it expects to achieve asset under management (AUM) of RM100mil within the first six months.

RHBAM announced on Monday this was the first conventional fund in the market which enables investors to participate in long-term sustainability-focused investment themes.

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