StanChart launches fund with BlackRock
KUALA LUMPUR: Standard Chartered (StanChart) has launched the Signature Select APAC Allocation Plus fund, its latest sub-fund under the bank's Variable Capital Company (VCC) platform, with BlackRock appointed as sub-manager.
PMB Shariah ESG Global Equity Fund posts 34.31% one-year return
KUALA LUMPUR: PMB Investment Bhd's PMB Shariah ESG Global Equity Fund recorded a one-year return of 34.31 per cent for the financial year ended April 30, 2026, marking a sharp recovery from -7.66 per cent a year earlier.
Sovereign funds pivot further into riskier assets
New York: The world's biggest public investors are planning to shift more capital into private and less liquid assets amid rising risks to their traditional bond-and-stock portfolios, according to an industry survey.
ASB 3 Didik declares 5.5 sen distribution, highest in eight years
KUALA LUMPUR: Permodalan Nasional Bhd (PNB)'s wholly-owned unit trust management company, Amanah Saham Nasional Bhd (ASNB), has declared an income distribution of 5.50 sen per unit for Amanah Saham Bumiputera 3 Didik (ASB 3 Didik) for the financial year ended June 30, 2026.
Forest City SFZ can exceed RM2bil investment target this year
ISKANDAR PUTERI: The Forest City Special Financial Zone (SFZ) has the potential to surpass its RM2 billion investment target this year, following the positive response received since its introduction.
BIMB Investment launches shariah-compliant fund targeting small-cap stocks
KUALA LUMPUR: BIMB Investment Management Bhd (BIMB Investment), a subsidiary of Bank Islam Malaysia Bhd (Bank Islam), has launched the BIMB Opportunities Fund (BOF), a Shariah-compliant fund targeting small-cap stocks, with a target fund size of RM50 million this year.
Blackstone closes largest Asia private equity fund at US$13.1bil
KUALA LUMPUR: Blackstone, an alternative asset manager, has announced the final close of Blackstone Capital Partners Asia III (BCP Asia III) at US$13.1 billion, exceeding its US$10 billion target and marking the firm's largest private equity fundraiser in Asia. (US$1=RM3.96)
Blackstone raises US$13.1bil for its largest Asia private equity fund
ALTERNATIVE asset manager Blackstone said on Tuesday it has raised $13.1 billion for its Asia private equity fund, exceeding its initial target and marking its largest such fundraise in the region.
Berkshire, under new CEO Greg Abel, invests US$16.8bil in two days
GREG Abel appears to be putting his stamp on Berkshire Hathaway, which committed $16.8 billion over two days to buy homebuilder Taylor Morrison Home Corp and help Google build out AI.
Public Mutual declares distributions of over RM21mil for three funds
KUALA LUMPUR: Public Bank's wholly owned subsidiary, Public Mutual, has declared distributions amounting to more than RM21 million for three funds for the financial year ended May 31, 2026.
