From Thestar.com.my: AmInvestment Bank Group’s fund management division is confident of achieving 20% to 25% growth in assets under management (AUM) for its fiscal year ending March 31, 2011. The bank’s AUM stood at RM20.2bil as at June 30.
Funds management division retail funds director Ng Chze How said with a bullish outlook in the commodity and equity markets, the group expects its fund management division to perform well, especially in the medium to longer-term……………………………………….Full Article: Source