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

28/6/2022 5:28:00 PM

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

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

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

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 for us to achieve that target. Maybe the end of next year or early 2024.“But we have new products for us to achieve this target, among them are through the introduction of the PMB Syariah Greater China Equity Fund (PSGCEF). So, this year, we have to release one or two more new products and release three or four new products next year,” he said.

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