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KUALA LUMPUR: I-VCAP Management, Malaysia's only asset manager offering Islamic exchange-traded funds, will this year launch its first product that includes foreign equities to attract new investors.
KUALA LUMPUR: Affin Holdings Bhd aims to tap institutional money from Kumpulan Wang Persaraan (KWAP) and the Employees Provident Fund (EPF) via its collaboration with Japanese brokerage Daiwa Securities Group Inc, which has yielded sales of some RM100mil since the pact was inked last December.
PETALING JAYA: Kumpulan Wang Persaraan (KWAP) has bought a controlling stake in its third UK property for £174.8mil (RM961.4mil), bringing the number of properties in its portfolio to seven.
KUALA LUMPUR: Fresh from acquiring its first shopping mall in the United Kingdom, Retirement Fund Inc (KWAP) is close to securing its maiden real estate deals in Malaysia.
FOR the first time ever, a government-linked company (GLC) will lay off workers and renegotiate contracts with suppliers and employees – a move that will obliterate the view that companies owned by the Government provide steady employment and are safe paymasters.
THE latest process of turning ailing Malaysia Airlines around began on Feb 26, 2014, shortly after it announced its fourth consecutive quarterly loss for the financial year ended Dec 2013. The Government and Khazanah Nasional Bhd agreed that an independent review of the airline was necessary and engaged PricewaterhouseCoopers for the job.