THE days of buying unit trust funds that are merely invested in stocks and fixed income are over in Malaysia. Now investors can buy into private equity funds as well.
Over the week, RHB Asset Management (RHB AM) tied up with New York-based Neuberger Berman (NB) to launch a multi-strategy private equity (PE) fund, the RHB PE Opportunity Fund 1.
The PE fund aims to have a minimum fund size of US$100mil (RM405mil) and a target return of 15% to 20% gross internal rate of return per annum over seven years.
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Over the week, RHB Asset Management (RHB AM) tied up with New York-based Neuberger Berman (NB) to launch a multi-strategy private equity (PE) fund, the RHB PE Opportunity Fund 1.
The PE fund aims to have a minimum fund size of US$100mil (RM405mil) and a target return of 15% to 20% gross internal rate of return per annum over seven years.
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
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