The sovereign wealth fund has replaced Shahril Ridza Ridzuan, making it the latest government-linked investment company to change its leader.
Following its deal with Japan's Diam last week, the Malaysian fund house is seeking more manufacturing and distribution partners, with Australia and Europe both on its radar.
Standard Chartered has been named as Maybank Asset Management's trustee for the first sharia-compliant fund on the Asean passporting scheme. Questions hang over when it will be passported outside Malaysia.
The opportunity to service retail and wealthy clients in Asia has fired banks’ ambitions to boost their distribution power. Here are the banks that have made the boldest moves to become regional champions.
The private banking arm of Malaysia's largest bank aims to roll-out its Asian expansion this year, with the hiring of dozens of relationship managers, the opening of a London desk and a new service in Singapore.
Maybank's asset management arm plans to launch two new funds this year and use CIS to passport them to Malaysia and Thailand. The firm is also looking to hire a fund distribution specialist with a regional remit.
In a debate over what would make an Asia fund passport successful, panelists in Singapore question why Asia has not tried to plagarise Europe's successful cross-border scheme.
Vontobel-owned structured product platform Deritrade has signed up four buyside clients, in the latest attempt to move ahead of rival Contineo in the race for private banking clients in Asia.
Discretionary portfolio management is starting to gain traction, but finding and retaining investment staff to do it is tricky, say private banking heads in Southeast Asia.
The wealth heads of several big Southeast Asian firms spoke to AsianInvestor about their strategies for expanding in the region and some of the challenges they face in doing so.
Koh Huat-Heng paid the Singapore regulator a $40,000 penalty after admitting to insider trading while working as a relationship manager at Maybank.
The Malaysian insurer, part of Maybank, expects to engage external managers more as it boosts investment in Asian equities and domestic property.