KUALA LUMPUR: The government estimates the range of assets under management (AUM) to be between RM500mil and RM1.2bil within the first five years of implementing the family office scheme, targeting families from within the country, the region and abroad.
Finance Minister II Datuk Seri Amir Hamzah Azizan said the local investment range is estimated at between RM40mil and RM110mil channelled into high-growth and high-value sectors.
