| AmInvestment Bank Group is looking to launch 12 equity funds this year to achieve the target of increasing its assets under management (AUM) to over RM35 billion by year-end from RM26.9 billion in 2011.
Ng Chze How, director of retail funds (fund management), said: "From the 12 planned for this year, six have been launched, and these have brought our assets under management to RM32 billion." The company aims to launch a mixture of equity products, from fixed-income funds and retail funds to shariah-compliant funds, Ng said...............................................Full Article: Source
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