Affin Fund targets 50% asset growth this year

Mar 19, 2010

The Malaysian firm is pitching for more institutional mandates and hopes to benefit from money contributed to the state-run Employees Provident Fund being shifted into unit trusts.

Affin Fund Management may be a relatively small asset manager, but it has substantial ambitions for growth. The Kuala Lumpur-based firm, a subsidiary of Affin Investment Bank, aims to hit RM1 billion ($300 million) in assets under management this year, up from the current level of RM700 million.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to AsianInvestor

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

If you are a senior professional at a large institutional asset owner, such as a sovereign wealth fund or pension fund, please contact [email protected] for further assistance.

Questions?

See here for more information on licences and prices, or contact [email protected]