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SBB Mutual Bhd is targeting a growth of more than 5% for funds under its management on expectation of good growth for the unit trust industry this year, said chief executive officer Tan Beng Wah.
SBB Mutual Bhd is looking to launch more funds this year, especially foreign investment funds, in its partnership with US-based Franklin Templeton Investments.
LONDON: A leading British forecasting group presented a gloomy outlook for global growth Friday, warning that the euro area remains weak while the economic outlook for the United States has deteriorated.