05.03.2013 - AmInvest to grow AUM by 20pct this year
AmInvest, the new brand for the funds management business of AMMB Holdings Bhd, aims to grow its assets under management (AUM) by 20% this year on the back of sound funds performance, innovative products and recovering global economic outlook. AmInvestment Services Bhd director of retail funds Ng Chze How said AmInvest has RM32.6 billion AUM as at Jan 31, 2013, a 19% increase from its AUM of RM27.4 billion a year ago. To date, AmInvest markets 81 unit trust funds emcompassing both conventional funds and Shariah-compliant funds...............................................Full Article: Source
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