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Business

Public Mutual declares distributions for 9 funds

KUALA LUMPUR: Public Mutual Bhd has declared distributions for nine of its funds, ranging from one sen to six sen, for their financial years ending June 30, 2013.

Business

Too much money, too few options drive Aussie funds to take risks

SYDNEY: Australian pension funds are investing in riskier assets to overcome an embarrassment of riches – they have too much money and too few investment opportunities.

Business

Foreign funds snap up Malaysian shares

KUALA LUMPUR: Foreign funds continued to be positive about Malaysian equities and they were net buyers at RM107.7mil in the week ended April 4, says MIDF Equities Research.

Business

Investor LGIM dumps ExxonMobil from its Future World funds

LONDON: Britain's biggest asset manager has removed ExxonMobil and four more companies from its 5 billion pounds ($6.3 billion) Future World Funds, and said it would vote against their chairs for failing to confront the threats posed by climate change.

Business

Foreign funds net sellers at RM11.65b since January, says MIDF

KUALA LUMPUR: Foreign funds were net sellers on Bursa Malaysia at RM11.65bil or US$2.88bil since January this year, the highest since 2015 when net outflow was RM19.49bil, says MIDF Research.

Business

Inflow of foreign funds likely to improve in the coming weeks, says analyst

KUALA LUMPUR: Foreign fund inflow is expected to improve in the coming weeks as evident by the RM123.3mil in foreign funds which came in last Thursday – the highest inflow since Nov 8.

Business

Public Mutual declares RM51m distributions for eight funds

KUALA LUMPUR: Public Mutual has declared more than RM51mil in distributions for eight of its funds for the financial year ending Sept 30, 2018.

Business

Australia inquiry finds pension funds broke rules

SYDNEY: Initial findings from a powerful inquiry into Australia's financial sector strongly criticised pension funds run by National Australia Bank and Commonwealth Bank for regulatory breaches including overcharging customers and failing to act in their best interest.

Business

EWI in talks with global pension funds

LONDON: EcoWorld International Bhd (EWI) is in talks with global pension funds and insurance companies for the sale of some of its projects in the United Kingdom, as it delivers the Amelia Building in London City Island six months ahead of schedule.

Business

Top hedge funds stung by outflows hitting big investments

NEW YORK: Some of the biggest and best-known hedge funds can’t hang on to client capital.