Asia-based investment industry CEOs are exploring how to tap institutional capital and rich individuals in the Middle East.
Tag : rhb
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.
Abu Dhabi Commercial Bank pays $1.2 billion for the 25% stake in RHB Capital, MalaysiaÆs fourth largest bank. EPFÆs stake will be cut from 82% to 57%.
This is the first global thematic fund to be marketed in Malaysia.