KUALA LUMPUR: Amanah Saham Nasional Bhd (ASNB) had on Monday launched the ASN Equity Global, the first ASNB fund to focus entirely on global equities. Permodalan Nasional Bhd (PNB) said ASNB, its wholly-owned unit trust management company, is offering the fund for subscription from Sept 1 onwards. ASN Equity Global primarily caters to investors with a high-risk tolerance as the fund employs acapital growth investment strategy that involves a high degree of exposure in the internationalmarkets. ASN Equity Global is managed by PNB’s team of professional fund managers based in Kuala Lumpur as well as its London office, to capture and capitalise on opportunities in more than 50major global stock markets. PNB is one of the largest fund management companies in Malaysia with assets under management (AUM) exceeding RM300bil.

Source: The Star August 30, 2021 09:22 UTC