Malaysia Market: Hong Leong Asset Management aims RM4b total AUM by year-end

KUALA LUMPUR: Hong Leong Asset Management expects its total assets under management (AUM)) to grow to some RM4 billion by end of this year.

Its CEO Geoffrey Ng said the company, already with some RM3 billion under its banner, planned to launch at least two more funds to grow its AUM.

“We have a few funds in the pipeline.” Ng said at the launch of the Hong Leong Hong Kong Equity Optimiser Fund here on Thursday, Sept 22.

Hong Leong Asset Management had 33 unit trusts funds under its management as at June 30 this year. (theedgemalaysia.com)