KUALA LUMPUR: Eastspring Investments Berhad (Eastspring) recently announced the launch of its Eastspring Investments Islamic China A-Shares Fund (Fund) in Malaysia.
Investing in Shariah-compliant equities, the Fund aims to provide investors with capital appreciation in the long-term via a diversified portfolio in China A-Shares that offer upside potential, according to a statement.
It will focus on companies that have a consistent track record of earnings growth or upward earnings revisions, and high dividend yielding Shariah-compliant equities in the China A-Shares market.
Chief Executive Officer at Eastspring, Raymond Tang said: "Interest in China equities has been strong in the last three years, evidenced by the growth in asset under management fRead More »
Wednesday, 16 November 2016 TOKYO: Datuk Seri Najib Tun Razak has urged Japan to continue investing in Malaysia’s growth and development. Addressing key Japanese captains of industry at a lunch meeting here, the Prime Minister said Malaysia was moving towards a high-income nation category and this has opened up lots …Read More »
Tuesday, 15 November 2016 KUALA LUMPUR: Daibochi Plastic and Packaging Industry Bhd will invest US$6.8mil (RM29mil) for a controlling stake in a new joint venture company to tap into the flourishing consumer packaging market in Myanmar. The flexible packaging manufacturer entered into a Memorandum of Agreement (MoA) with Myanmar Smart …Read More »
Thursday, 18 August 2016 KUALA LUMPUR: Public Mutual launched a new fund, PB Asean Dividend Growth Sequel Fund (PBADSQF) on Thursday. Public Mututal, which is a unit of Public Bank, said the new fund seeks to provide income by investing in a portfolio of stocks in domestic and regional markets …Read More »
Saturday, 22 July 2017 EVER since China rolled out its Belt and Road initiative, many countries have received billions of dollars towards infrastructure development to boost trade and investment along the old Silk Road that connects China and many other countries. For the developing nations along the Silk Road, receiving …Read More »
Thursday, 29 June 2017 KUALA LUMPUR: Alibaba Group Holding Limited will invest approximately US$1 billion to increase its stake to approximately 83% in Lazada Group, the leading e-commerce platform in Southeast Asia. In a statement today, Alibaba said the transaction demonstrated the continued success of Lazada’s business and Alibaba’s …Read More »
Friday, 19 May 2017 KUALA LUMPUR: The inflow of foreign investments worth RM366 billion in the last 7 months proves that the opposition allegation that Malaysia is a failed state is untrue, said a member of parliament (MP). Kuala Selangor MP, Datuk Seri Dr Irmohizam Ibrahim said the success was …Read More »
Friday, 12 May 2017 KUALA LUMPUR: The Employees Provident Fund (EPF) has outsourced RM108 billion as at end-December 2016 to external portfolio managers to invest in equity and fixed income instruments. It said on Friday the amount was 10.36% compared with RM97.86 billion in 2015. “This allocation, invested in both …Read More »
Friday, 12 May 2017 TOKYO: Asian shares inched up Friday, hobbled by a downbeat day on Wall Street but still on track for weekly rises, while oil prices extended gains on hopes for output cuts. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.1%, shy of nearly 2-year highs …Read More »
Friday, 12 May 2017 KUALA LUMPUR: Bilateral trade between Malaysia and Afghanistan is expected to increase 10 per cent this year from the US$85.1 million recorded in 2016 and driven by enhanced cooperation between the 2 countries. Deputy Minister of International Trade and Industry Datuk Ahmad Maslan encouraged local businesses …Read More »