Securities Commission liberalises fund management industry in Malaysia to widen access, choices

KUALA LUMPUR, Aug 29 — The Securities Commission Malaysia today announced a slew of liberalisation measures for the fund management industry, including the introduction of the Foreign Exempt Scheme framework.

The regulator also introduced flexibility to wholesale fund managers seeking to invest in alternative investment products beyond current conventional assets such as securities, derivatives, money market instruments and deposits. “The FES framework opens up new avenues for high-net-worth entities and institutional investors to access funds offered by foreign players related to a SC-licensed fund management company.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

malaymail /  🏆 1. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Mercury Securities to raise RM39mil from ACE Market IPOThe stockbroking firm intends to offer a public issue of 157.09 million new shares at 25 sen apiece.
Source: fmtoday - 🏆 5. / 72 Read more »