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New Fund: Kenanga Asia Pacific Total Return

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After merging with ING Funds Berhad, Kenanga Investors Berhad launched its first new fund of the enlarged family. In this uncertain global economic environment, how much return can a fund generated was the main concern for many investors. Want to get higher return? Then, we cannot runaway from higher volatility! Are there any balance in between? Yes. To cater for such investors, this new fund aims to provide a compounded rate of return of at least 10% per annum over market cycle (5 years) by investing in a diversified portfolio of Asia Pacific equities . 3 Reasons WHY it benefits you: Well... Unlike others, this fund DO NOT has any benchmark constraint. This allows flexibility in identifying and implementing the most optimum investment strategy. Picture below shows the differences between Absolute and Relative return: Still not yet convinced? How about the proven track record? Click here to download prospectus Source: Kenanga Investors Bhd

Kenanga Research 2012 Economic Outlook

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The year 0f 2011 saw a confluence of mishaps, with the MENA unrest, Japan disaster, US debt ceiling scare and Eurozone's can of worms. We believe that it is very unlikely that 2012 will contain more uncertainties than 2011. After the convergence of these "Black Swan" events, there is also a lot of divergence in the recovery, making it difficult to coordinate economic policy. Firstly, there is a 2 speed-global recovery as developing economies, particularly Asia, is outperforming the West. Secondly, within Europe itself, there is a lot of divergence in how each country is coping with the crisis. Only Germany, Sweden and Switzerland have so far returned to pre-crisis growth levels; whilst Greece, Portugal and Ireland are clearly outliers in terms of demand growth. Finally, there is a lot of mixed recovery in Japan as well, where companies with capital of at least 1bn yen are back to nearly full capacity production as early as May. However, companies with capital between 1...

News: Kenanga Investment gets green light to buy CMS unit

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Kenanga Investment Bank Bhd, a subsidiary of K&N Kenanga Holdings Bhd, has received Bank Negara approval to acquire the entire equity stake in Cahya Mata Sarawak Bhd unit CMS Trust Management Bhd for RM23mil. K&N Kenanga group director Tengku Zafrul Aziz said in a statement yesterday that the acquisition would further strengthen its position as one of Malaysia’s leading independent financial groups. “This synergy combination between CMS Trust Management and Kenanga Fund Management will put us in a formidable position to capture opportunities in the unit trust and fund management segments. “We are looking forward to offering our collective expertise to existing customers in both companies as well as growing new ones. We are confident our customers will benefit from the enlarged opportunities that we are now able to offer to them,” he said. CMS Trust Management was established in 1995 and has its principal business operations in Kuala Lumpur. Source: The Star newspaper