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Goldman Sachs and RHB ink funds partnership

In a first-of-its-kind deal in Malaysia, Goldman Sachs Asset Management will work with local firm RHB Investment Management on product development and distribution.
Goldman Sachs Asset Management has signed an exclusive partnership with Kuala Lumpur-based RHB Investment Management to jointly develop fund products for investors in Malaysia. The partnership agreement is the first of its kind in the country and will significantly enhance the range of investment products and asset classes available to RHB’s customers, say the two firms. RHB IM is part of the RHB Banking Group, Malaysia’s fourth biggest financial services group, and has 25 funds with …
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