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KUALA LUMPUR: AMMB Holdings Bhd’s funds management business AmInvest expects a three to four-fold growth in its global agribusiness equities fund in 12 months.
KUALA LUMPUR: Standard Chartered Saadiq Bhd (Saadiq) and Credit Guarantee Corp Malaysia Bhd (CGC) have collaborated to launch Malaysia’s first Islamic portfolio guarantee (PG) scheme to provide financing to small and medium enterprises (SMEs) in the country.
KUALA LUMPUR: AmInvest has launched five non-core funds to increase the investment options provided under its private retirement scheme (PRS) core funds.
HONG KONG: Capital-starved Asian hedge funds may have got the lifeline they’ve been waiting years for investors from China, some of whom are willing to risk very large sums of money.
PETALING JAYA: Censof Holdings Bhd, which has a 45% stake in Time Engineering Bhd (TEB), has no intention of increasing its stake and will be doing a lot more investor relations work to get investors to know TEB.
The dollar dropped against the euro on Tuesday in choppy trading after China's central bank said it would gradually exit from regular intervention in the foreign exchange market.