Asset management industry on growth path

Kamarudin said the industry’s assets under management had increased to RM964.8bil in August 2023.

KUALA LUMPUR: The asset management industry in Malaysia has seen respectable growth despite the challenges over the years.

Following a modest decline in total assets under management (AUM) at end-2021, Securities Commission (SC) managing director Datuk Kamarudin Hashim said the industry’s AUM had grown to RM964.8bil in August 2023.