Malaysian AM launches Luxembourg Ucits
BNP Paribas Securities Services has been selected as the administrative, registrar, transfer and domiciliary agent as well as custodian. Affin Hwany believes that the relationship will be beneficial to Affin Hwang AM, providing the technical knowledge and experience as Affin Hwang AM ventures into unchartered territory.
"This is an exciting time for Affin Hwang AM as this marks its foray into the European market with an umbrella of two Asian equity focussed funds. The launch signifies a growth strategy of the company," said Esther Thye, chief strategy officer of Affin Hwang AM.
Affin Hwang AM specialises in Asian equity and fixed-income instruments and manages over €7bn of assets.
Found this useful?
Take a complimentary trial of the FOW Marketing Intelligence Platform – the comprehensive source of news and analysis across the buy- and sell- side.
Gain access to:
- A single source of in-depth news, insight and analysis across Asset Management, Securities Finance, Custody, Fund Services and Derivatives
- Our interactive database, optimized to enable you to summarise data and build graphs outlining market activity
- Exclusive whitepapers, supplements and industry analysis curated and published by Futures & Options World
- Breaking news, daily and weekly alerts on the markets most relevant to you