PMB Investment on track to achieve RM2 bil AUM target, says CEO

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KUALA LUMPUR (June 28): PMB Investment Bhd is on track to achieve its assets under management (AUM) target of RM2 billion, said its chief executive officer (CEO) Mahani Ibrahim.He said that the Islamic fund management company, which is wholly-owned by Pelaburan MARA Bhd, has a net asset value of RM1.5 billion as of May 2022. “PMB Investment is optimistic to achieve the AUM target of RM2 billion but in the current market situation, which is falling, it is quite difficult