Malaysia
Lack of product range innovation stymies Islamic funds
Even as growing numbers of multinational asset managers move to set up shop in Malaysia as they prepare to tap into the demand for Islamic fund management, an informal poll of market participants suggests that the industry’s growth is being stymied by a lack of product innovation and range.
hwang investment unveils malaysias maiden
Malaysias Hwang Investment Management has launched a new fund that will tap the opportunities in the Japanese market.
threadneedle enters malaysia with Islamic funds
Eyeing the growing opportunities in the Islamic investment space, Threadneedle Investments today announced its foray in the Malaysian market with plans to offer Shariah-compliant products.
founder of arab malaysian banking group shot
The founder of a major Kuala Lumpur-based bank was shot dead in the parking lot of a temple in that city on Monday, and his wife was injured, in what is being seen as a probable contract killing.
labuan fsa revokes ec trust labuan licence
The Labuan Financial Services Authority has revoked the trust company licence of EC Trust (Labuan) Bhd, effective today, according to a statement on the Labuan FSA’s website.