Berkshire, under new CEO Greg Abel, invests US$16.8bil in two days
GREG Abel appears to be putting his stamp on Berkshire Hathaway, which committed $16.8 billion over two days to buy homebuilder Taylor Morrison Home Corp and help Google build out AI.
Public Mutual declares distributions of over RM21mil for three funds
KUALA LUMPUR: Public Bank's wholly owned subsidiary, Public Mutual, has declared distributions amounting to more than RM21 million for three funds for the financial year ended May 31, 2026.
Bank Negara revises policy to strengthen transparency standards for digital platforms
KUALA LUMPUR: The revised policy document on product transparency and disclosure sets standards for digital platform operators to disclose key information to consumers throughout the product life cycle, said a Bank Negara Malaysia (BNM) spokesperson.
Maybank Asset Management launches global private credit fund for HNW investors
KUALA LUMPUR: Maybank Asset Management Sdn Bhd (MAM) has launched the MAMG Global Private Credit Fund, a feeder fund aimed at providing long-term capital appreciation and income through investments in the LGT Global Private Credit S.A., SICAV-RAIF.
FIMM reprimands former unit trust consultant over misconduct
KUALA LUMPUR: The Federation of Investment Managers Malaysia (FIMM) has publicly reprimanded a former unit trust scheme (UTS) consultant for misconduct under FIMM's Consolidated Rules (FCR).
DOJ probes BlackRock private credit fund’s valuations
NEW YORK: Federal prosecutors are scrutinising valuation practices at a BlackRock Inc private credit fund, according to sources.
PMB Investment declares four sen income distribution for PMB-An-Nur Waqf Income Fund
KUALA LUMPUR: PMB Investment Bhd, an Islamic fund management company (IFMC) under Pelaburan MARA Bhd, has declared an income distribution of 4.00 sen per unit for the PMB-An-Nur Waqf Income Fund for the financial year ended April 20, 2026 (FY 2026).
Private trades between friendly funds are rife with hidden conflicts
TAKE two private credit portfolios run by the same firm for different investors: Should managers be allowed to trade unlisted assets between them?
FIMM reprimands former unit trust consultant over breaches
KUALA LUMPUR: The Federation of Investment Managers Malaysia (FIMM) has publicly reprimanded a former unit trust scheme (UTS) consultant for submitting a falsified academic certificate as part of his application for registration as a UTS consultant.
Public Mutual declares distributions of over RM99mil for four funds
KUALA LUMPUR: Public Mutual, a wholly owned subsidiary of Public Bank, has declared distributions amounting to more than RM99 million for four funds for the financial year ended April 30, 2026.
