PNB records 4.5% increase in assets under management

However, group chairman Zeti Aziz says a weakening market may lie ahead in 2020. FMTNews PNB

PNB group chairman Zeti Aziz and group CEO Jalil Rasheed with PNB’s Annual Report 2019.

In 2019, she added, PNB, one of the largest fund management companies in Malaysia, gained more ground in its portfolio diversification and expanded investments into other asset classes including international financial markets and liquidity management. “The Malaysian equity market has not been spared from these shocks,” she said, adding that the KLCI had declined by 11.4% year-to-date, almost twice the 6% drop in 2019.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

fmtoday /  🏆 5. in MY

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

No conditional MCO in Selangor, no dine-insKLANG: The Selangor government will not allow restaurants in the state to have dine-ins.
Read more »

Different conditional MCO in Selangor, no dine-insKLANG: The Selangor government will not allow restaurants in the state to have dine-ins.
Read more »

Return railway land and assets to KTMBDevelopers and the Railway Assets Corp are the ones making profits instead of the railway operator. FMTNews KTMB
Read more »