You have searched for "Global Markets"
Showing 3331-3340 of 3434
WITH the lifting of capital controls by the government, Asian high net worth individuals can now seek the advice of financial experts with global exposure, apart from major banks, to ensure better and more secure investment returns overseas. One of the companies that can help them is Armenwoodberg (Malaysia) Inc.
LIFE insurers, especially those with foreign stakeholders are laying the groundwork and making ambitious plans to invest abroad, following Bank Negara's move to liberalise, from April 1, the foreign exchange administration rules to allow the net asset value limit for overseas investment to be raised to 30% from 10% previously, Prudential Assurance (M) Bhd chief executive officer (CEO) Ng Keng Hooi said.
WITH unit trust management companies (UTMCs) getting the nod from the Securities Commission (SC) to unify their unit trust and asset management operations in line with amendments to the Securities Industry Act, and the recent Bank Negara ruling allowing more unit trust funds to be invested abroad, the stage is set for the fund management industry to make further inroads into the international markets.
US regulators have fined Citigroup Inc, American Express Inc, J.P. Morgan Chase Co and Putnam Investments a combined US$81.25mil for failing to provide customers with the necessary information about mutual funds.