One fine weekend, as I was walking along the skywalk bridge connecting Bangsar Village I and II, a young, well-spoken man approached me and my other half with an investment proposition.

Apparently, he had overhead our conversation about the performance of global markets, which has been ...

Millennial Musings: The rise of scams and the achievement society

Year to date, 2023 is turning out to be a year to remember, not for portfolio gains but for the risks that investors have had to deal with. It started with the US Federal Reserve’s interest rate policy that saw the federal funds rate move above 5% in 12 months. Then there was the Russia-Ukraine c...

Pitfalls & Pitch Calls: Quick answers to big questions

Max Azaham, senior vice-president and head of the digital business division at Malaysian Industrial Development Finance (MIDF) Bhd, isn’t your everyday investment banker who is always on the lookout for the next big corporate deal in town.

Equally adept at computer programming and codin...

Cover Story: The coder investment banker

Franklin Templeton (FT), one of the world’s largest asset managers with more than US$1.5 trillion in assets under management, sees opportunities in long-term bonds. Investors with a higher risk appetite may want to look at better quality high-yield bonds, which can see yields as high as 9% per an...

Investing: Bright spots in a volatile world

Linda Yip’s association with HSBC spans more than 25 years, dating back to when she served as the first manager of its Damansara Heights branch in Kuala Lumpur, which continues to be one of the best-performing branches to this day.

Characterised by an adventurous spirit, Yip volunteered...

TheWall: HSBC wants to grow its wealth and personal banking business fast

KUALA LUMPUR (Nov 28): Airo makes its official entry into the fintech arena, positioned as Malaysia’s first actively managed digital investment platform/robo-advisor.

Airo launches Malaysia’s first actively managed robo-advisor

KUALA LUMPUR (Nov 20): The recent weakness in semiconductor stocks due to it being in a down cycle presents an opportunity for investors to build positions for the long term, said Takeshi Kawamoto, senior equity analyst of Nomura Asset Management UK.

Semiconductor down cycle presents good long-term opportunities, says Nomura’s Kawamoto

KUALA LUMPUR (Nov 16): Versa, the homegrown digital wealth management app, garnered RM1 million in five days from its users to invest in PRS (private retirement scheme) funds.

Versa PRS offerings garnered RM1 mil in five days

CoKeeps is the first entity to be approved by the Securities Commission Malaysia (SC) to offer its digital asset custodian services to the market, said its co-founder and chief executive officer Suhanna Hussein.

CoKeeps becomes first qualified digital asset custodian

KUALA LUMPUR (Nov 7): A different type of private retirement scheme (PRS), termed as the algorithm-based PRS, will be launched in the market to encourage Malaysians, especially the younger generation to save early for retirement.

Algo-based PRS: A new retirement solution

Prime Minister Datuk Seri Anwar Ibrahim recently tabled Budget 2024 in parliament, allocating a record RM393.8 billion to federal government expenditure.The government’s largest-ever budget shows Malaysia’s resolve to re-establish its economic prowess in Asean. It also signals a bold move towards...

Pitfalls & Pitch Calls: Budget 2024: A disciplined approach to economic revival

Maybank Asset Management Sdn Bhd (Maybank AM) introduced a shariah-compliant and hyper-customised Discretionary Portfolio Mandate (DPM) that leverages on artificial intelligence (AI) on Wednesday.

Maybank Asset Management launches AI-powered hyper-personalised investment platform

Of the 40 funds launched in the first half of this year, the TA Total Return Income Fund (TATRIF) was the most subscribed for, partly due to its unique feature that caters to the specific needs of retirees, says TA Investment Management Bhd CEO Wong Mien.

The fund garnered RM152.66 mill...

The Edge Malaysia Retirement Reimagined Forum 2023: A fund with a fixed payout feature for retirees

Versa, the homegrown digital wealth management app, garnered RM1 million in five days from its users to invest in PRS (private retirement scheme) funds.

HONG KONG (Dec 10): Three Hong Kong pro-democracy activists were arrested on Sunday, just before voting began in a "patriots only" district election that has marginalised formerly popular opposition figures in the city, amid a national security clampdown.

Hong Kong activists arrested in city's 'birdcage' election

KUALA LUMPUR (Dec 10): Malaysia has expressesed its utmost concern on any frivolous and vexatious attempts by any parties employing various tactics to undermine and disrupt the course of criminal proceeding currently ongoing against Gonzalo Stampa.

Malaysia expresses utmost concern over attempts to disrupt criminal proceedings against Gonzalo Stampa

BENGALURU (Dec 10): Social media platform X will reinstate the account of US conspiracy theorist Alex Jones after a poll of the site's users backed his return, X owner Elon Musk said on Sunday.

Musk says conspiracy theorist Alex Jones will be reinstated on X after poll

KUALA LUMPUR (Dec 10): A company and its director, a Singaporean, have been charged in the Sessions Court here on four charges of offering RM15 million worth of Islamic redeemable preference shares (iRPS) to the public between Aug 2020 and Aug 2021.

Company, director charged with offering RM15 mil worth of preference shares to public

GAZA/CAIRO (Dec 10): Israel ordered residents out of the centre of Gaza's main southern city Khan Younis and pounded the length of the enclave overnight, after the United States wielded its UN Security Council veto to shield its ally from a demand for a ceasefire.

Palestinians report Israeli battles in Khan Younis after US blocks Gaza ceasefire call

KUALA LUMPUR (Dec 10): A total of 351 sick and abandoned housing projects, with a gross development value (GDV) of RM32.87 billion, have been completed and restored by the Ministry of Local Government Development (KPKT) throughout one year of the Madani Government's administration.

Madani Govt one year anniversary: Restoring 351 problematic housing projects among ministry’s successes

SHANGHAI (Dec 10): China's securities regulator has published draft rules aimed at slashing trading commissions for mutual funds and addressing the conflict of interest between the securities trading and fund sales businesses of brokerages, the latest reform to the US$3.8 trillion mutual fund industry.

China proposes trading cost cuts for mutual funds, to regulate commissions

SHAH ALAM (Dec 10): A total of 97 individuals will receive the state awards, honours and medals in conjunction with the 78th birthday of the Sultan of Selangor Sultan Sharafuddin Idris Shah on Monday (Dec 11).

97 persons to receive awards, medals in conjunction with Selangor Sultan’s birthday

FOLLOWING a recent request for proposals (RFP) from the General Insurance Association of Malaysia aka Persatuan Insurans Am Malaysia (Piam) and the Malaysian Takaful Association (MTA), the Association of Accredited Advertising Agents Malaysia (4As Malaysia) would like to explicitly state its dissatisfaction with the demand by Piam and MTA for the ownership and retention of agencies’ intellectual property.

Association of advertising agents oppose tenders that usurp ownership of intellectual properties of proposals submitted

KUALA LUMPUR (Dec 10): The year 2023 saw Malaysia elevate its commitment toward an inclusive and sustainable public transportation service, which augurs well with the newly launched National Energy Transition Roadmap (NETR) that emphasises clean energy.

Sustainability: The buzzword in 2023 for transportation

KUALA LUMPUR (Dec 10):&nbsp;Husband-and-wife team Ng Han Yang and Rachel Leong, scions of property development and timber families, make their first foray into F&amp;B (food &amp; beverage) with the recent opening of Mellow at Petaling Jaya’s Seventeen Mall.

Days of wine + roses

KUANTAN (Dec 10): The installation of the first track for the East Coast Rail Link (ECRL) project will begin on Monday (Dec 11) — three years before the 665-kilometre (km) railway line that connects the East Coast and the West Coast in the peninsula starts operating in January 2027.

King to grace ceremony to instal first ECRL track on Dec 11

KUALA LUMPUR (Dec 10): A company and its director, a Singaporean, have been charged in the Sessions Court here on four charges of offering RM15 million worth of Islamic redeemable preference shares (iRPS) to the public between Aug 2020 and Aug 2021.

KUALA LUMPUR (Dec 10):&nbsp;Travilion Group of Companies launched its Parq Residence project on Dec 8, and it will be one of the tallest residential buildings in Kuching. Chief executive officer (CEO) Datuk Seri John Lau and co-chief operating officer (co-COO) Peter Lau believe the project will do well, thanks to encouraging booking numbers and also their confidence that high-rise living is something Sarawakians are accepting now.&nbsp;

The sky’s the limit

KUALA LUMPUR (Dec 10): The year 2023 saw Malaysia elevate its commitment toward an inclusive and sustainable public transportation service, which augurs well with the newly launched National Energy Transition Roadmap (NETR) that emphasises clean energy.

DUBAI (Dec 9): Countries clashed on Saturday over a possible agreement to phase-out fossil fuels at the COP28 summit in Dubai, jeopardising attempts to deliver a first-ever commitment to eventually end the use of oil and gas in 30 years of global warming talks.

COP28 clashes over fossil fuel phase-out after Opec pushback

SHAH ALAM (Dec 10):&nbsp;A total of 97 individuals will receive the state awards, honours and medals in conjunction with the 78th birthday of the Sultan of Selangor Sultan Sharafuddin Idris Shah on Monday (Dec 11).

KUALA LUMPUR (Dec 10): Saitama Prefecture, which is ranked fifth in terms of population and economic productivity among the prefectures of Japan, is exploring further investment opportunities in Malaysia in the halal food and automated machinery industries.

Japan's Saitama Prefecture keen to invest in halal food, machinery industries in Malaysia

SYDNEY (Dec 10): Australia will triple fees on purchases of existing homes by foreign buyers, Treasurer Jim Chalmers said on Sunday, as part of measures aimed at increasing the supply of affordable housing.

Australia to triple fees on foreign purchasers of existing homes

FOLLOWING a recent request for proposals (RFP) from the General Insurance Association of Malaysia aka Persatuan Insurans Am Malaysia (Piam) and the Malaysian Takaful Association (MTA), the Association of Accredited Advertising Agents Malaysia (4As Malaysia) would like to explicitly state its dissatisfaction with the demand by Piam&nbsp;and MTA for the ownership and retention of agencies’ intellectual property.

SHANGHAI (Dec 10): China's securities regulator has published draft rules aimed at slashing trading commissions for mutual funds and addressing the conflict of interest between the securities trading and fund sales businesses of brokerages, the latest reform to the US$3.8 trillion mutual fund industry.

KUALA LUMPUR (Dec 10): Malaysia has expressesed its utmost concern on any frivolous and vexatious attempts by any parties employing various tactics to undermine and disrupt the course of criminal proceeding currently ongoing against Gonzalo Stampa.

KUALA LUMPUR (Dec 10): A total of 351 sick and abandoned housing projects, with a gross development value (GDV) of RM32.87 billion, have been completed and restored by the Ministry of Local Government Development (KPKT)&nbsp;throughout one year of the Madani&nbsp;Government's administration.

BEIJING (Dec 10): The Philippines and China traded accusations on Sunday over a collision of their vessels in disputed waters of the South China Sea, as tensions over claims in the vital waterway escalate.

Philippines, China trade accusations over South China Sea collision

GAZA/CAIRO (Dec 10): Israel ordered residents out of the centre of Gaza's main southern city Khan Younis and pounded the length of the enclave overnight, after the United States wielded its UN&nbsp;Security Council veto to shield its ally from a demand for a ceasefire.

BENGALURU (Dec 10): Social media platform X will reinstate the account of US conspiracy theorist Alex Jones after a poll of the site's users backed his return, X owner Elon Musk said on Sunday.

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