Author Topic: Size of Trust Funds in Malaysia  (Read 2042 times)

Offline jeybon

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Size of Trust Funds in Malaysia
« on: April 21, 2007, 03:22:44 PM »
To date, net assets of Malaysia's unit trust industry had risen 23.6% from RM121.8 billion.  As for the fund management, it rose 29.2% to 164.4 billion units over last year.

This announcement was done by Najib in conjunction with Malaysian Unit Trust week (MUTW) organised by Permodalan Nasional Bhd (PNB) at Padang MPK2.

Source: The Star, 21st April 2007, Nation, Pg N3
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Jeybon

Offline earwax

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Re: Size of Trust Funds in Malaysia
« Reply #1 on: April 21, 2007, 03:33:27 PM »
So that's why our KLSE keeps going up...
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Offline jeybon

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Re: Size of Trust Funds in Malaysia
« Reply #2 on: April 21, 2007, 03:40:12 PM »
Not really, pal. KLCI going up due to the offshore hedge funds.  Those hedge funds players that borrowed Yen to buy into regional equities.  This, they called it Yen Carry Trade.  Check out the topic in Maxforce blogs....

Local Trust funds helped to cushioned the fall from getting to serious.  With all local funds rallying behind the same cause, we are better prepared for the next recession. :)
« Last Edit: April 21, 2007, 03:41:55 PM by jeybon »
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Jeybon

Offline earwax

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Re: Size of Trust Funds in Malaysia
« Reply #3 on: April 21, 2007, 04:12:33 PM »
Won't that make our stocks artificially high...  ???

Local trust funds also need to cash out someday...
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Offline Salahdin

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Re: Size of Trust Funds in Malaysia
« Reply #4 on: April 23, 2007, 08:54:04 PM »
I feel that the people behind the managing of funds like the fund managers and directors are more important than the size of the funds.

Year in year out, notice that some unit trusts perform worse and worse.  Could be due to Trust managers being head hunted to another fund management companies.  Just some personal opinion...
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