Bank Negara revises policy to strengthen transparency standards for digital platforms
KUALA LUMPUR: The revised policy document on product transparency and disclosure sets standards for digital platform operators to disclose key information to consumers throughout the product life cycle, said a Bank Negara Malaysia (BNM) spokesperson.
Maybank Asset Management launches global private credit fund for HNW investors
KUALA LUMPUR: Maybank Asset Management Sdn Bhd (MAM) has launched the MAMG Global Private Credit Fund, a feeder fund aimed at providing long-term capital appreciation and income through investments in the LGT Global Private Credit S.A., SICAV-RAIF.
FIMM reprimands former unit trust consultant over misconduct
KUALA LUMPUR: The Federation of Investment Managers Malaysia (FIMM) has publicly reprimanded a former unit trust scheme (UTS) consultant for misconduct under FIMM's Consolidated Rules (FCR).
DOJ probes BlackRock private credit fund’s valuations
NEW YORK: Federal prosecutors are scrutinising valuation practices at a BlackRock Inc private credit fund, according to sources.
PMB Investment declares four sen income distribution for PMB-An-Nur Waqf Income Fund
KUALA LUMPUR: PMB Investment Bhd, an Islamic fund management company (IFMC) under Pelaburan MARA Bhd, has declared an income distribution of 4.00 sen per unit for the PMB-An-Nur Waqf Income Fund for the financial year ended April 20, 2026 (FY 2026).
Private trades between friendly funds are rife with hidden conflicts
TAKE two private credit portfolios run by the same firm for different investors: Should managers be allowed to trade unlisted assets between them?
FIMM reprimands former unit trust consultant over breaches
KUALA LUMPUR: The Federation of Investment Managers Malaysia (FIMM) has publicly reprimanded a former unit trust scheme (UTS) consultant for submitting a falsified academic certificate as part of his application for registration as a UTS consultant.
Public Mutual declares distributions of over RM99mil for four funds
KUALA LUMPUR: Public Mutual, a wholly owned subsidiary of Public Bank, has declared distributions amounting to more than RM99 million for four funds for the financial year ended April 30, 2026.
PMB Investment declares 2.39 sen distribution for shariah dividend fund
KUALA LUMPUR: PMB Investment Bhd has announced an income distribution of 2.39 sen per unit for the PMB Shariah Dividend Fund, amounting to a total gross distribution of RM1.34 million for the financial year ended March 31, 2026.
Amanah Hartanah Bumiputera declares 2.5 sen interim income distribution
KUALA LUMPUR: Pelaburan Hartanah Bhd (PHB) and PHB Asset Management Bhd's (PHBAM) shariah-compliant unit trust, Amanah Hartanah Bumiputera (AHB), have declared an interim income distribution of 2.50 sen per unit for the six months ended March 31, 2026.
