KUALA LUMPUR (May 29): Bursa Malaysia Bhd (KL:BURSA) has signed a memorandum of understanding (MOU) with Shanghai-based Fullgoal Asset Management (HK) Ltd and financial service provider CGS International Securities Malaysia Sdn Bhd to facilitate the listing of foreign-underlying exchange-traded funds (ETFs) on Bursa Malaysia.
The tripartite collaboration, unveiled at the Asean Business Forum 2025, is set to broaden the investment options available to Malaysian investors and enhancing access to global markets.
In a statement issued on Thursday, Bursa Malaysia noted that the collaboration forms part of its broader efforts to strengthen the local ETF ecosystem. These efforts include structured initiatives focused on ecosystem development, stakeholder engagement, and investor education — including the ETF Challenge, which aims to increase public awareness and participation, particularly among retail investors.
Bursa Malaysia currently hosts 17 ETFs issued by six fund managers, with total assets under management (AUM) amounting to approximately RM2.4 billion.
“This collaboration marks a pivotal step in expanding Malaysia’s ETF landscape, offering our investors greater diversity and access to global opportunities.
This initiative reinforces Bursa Malaysia’s position as an investment gateway, bridging Malaysia with global financial markets,” said Bursa’s chief executive officer, Datuk Fad’l Mohamed.
Fullgoal HK, established in 2012, is a wholly owned subsidiary of Fullgoal Fund Management Company Limited (Fullgoal Fund), which is based in Shanghai, China. The firm provides a broad array of strategies, including All-China equities, fixed income, and quantitative equity investments. Fullgoal Fund currently manages over US$230 billion (RM972.65 billion) in assets.
CGS International Securities Pte Ltd is an integrated financial services provider. These include equities trading, wealth management, investment banking, equities research, shariah-compliant financing, and structured products, among others. CGS International operates in over 15 countries and regions, leveraging both global and Asean market insights.
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