Up to RM1.2bil AUM from family office scheme

Quick Summary:

The government estimates the range of assets under management (AUM) to be between RM500mil and RM1.2bil within the first five years of implementing the family office scheme, targeting families from within the country, the region and abroad.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: FamilyOffice InvestmentGrowth AssetManagement HighValueSectors Economy /Business/Business News HumanCapital

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 00:00:00 (8 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 173 words

Reading Time: 1 minutes read

Sentences: 6 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 23436782

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 23 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 28 minutes ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #22

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