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US regulators on Wednesday broadened a sweeping probe into mutual funds on announcing the first fine against a big asset management company for paying distributors to recommend its funds to investors.
FUNDS are poised to be poured into the local stock market next week, with government-linked institutions like the Employees Provident Fund (EPF) and Valuecap Sdn Bhd expected to be among the big players. The trigger would be a convincing win by the Barisan Nasional in tomorrow's general election, analysts said.