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BizWeek asked SP's Investment Services managing director for Asia Pacific William J. Reidy, a few questions on factors investors should keep in mind during this selection process and how best to gauge an asset management company's performance.
CHIEF executive officers (CEOs) have probably never had it tougher. These days, when they are not being accused of lacking in vision, they are punished for paying themselves too much.
KUALA LUMPUR City Securities Sdn Bhd unit KL City Unit Trusts Bhd (KLCUT) is targeting to manage RM50mil under the newly launched KL City Dana Imbang unit trust scheme by year#039;s end.
THE key investment strategy for investors this year will be to establish a balance of bonds and equities, according to reports released by Citibank, one of the largest distributors of retail unit trusts in Asia Pacific and Malaysia.
MALAYSIA Venture Capital Bhd (Mavcap) has invested RM78.8mil of the RM500mil fund it manages, in 28 companies, said Second Finance Minister Datuk Jamaludin Jarjis.
TELEKOM Malaysia Bhd has an-nounced that it is on the #147;comeback path#148; following stronger performances from its cellular and multimedia divisions. TM Cellular Sdn Bhd, its cellular arm, has made a long awaited return to the black, posting a pre-tax profit of RM9.8mil from a loss of RM150mil for the financial year to end December. Its subscriber base is now some 1.6 million.
THE international students sector in Malaysia is poised to contribute RM3bil in direct and indirect foreign exchange (forex) earnings in 2007, according to National Economic Action Council (NEAC) executive director Datuk Mustapa Mohamed.
PUBLIC Bank is placing great importance on service quality as part of its marketing strategy, evident from the considerable success in its implementation of a two-minute standard waiting time, managing director Datuk Tay Ah Lek told I>StarBiz/I>.
In the wake of recent failures and losses in the corporate world, particularly in the US, corporate boards everywhere are being asked to bear more responsibility and become more involved in assessing strategy, reporting and risk management practices at their companies.