What's New In Investments, Funds? – RHB, Schroders

Editorial Staff

23 October 2024

RHB Asset Management, Schroders
, a wholly-owned subsidiary of RHB Investment Bank Berhad, has unveiled an Asian income strategy embracing a number of funds – RHB Asian Income Funds – as they are collectively known.

The funds – RHB Asian Income Fund, RHB Asian Income Fund-SGD and RHB Asian Income Fund – Multi Currencies – all feed into the Schroder Asian Income Fund, run by Schroders Singapore.

The RHB Asian Income Funds’ income distribution policy, which allows for monthly income distribution, targets a higher income distribution of 6 per cent to 6.5 per cent per annum, up from the previous 4.0 per cent to 4.5 per cent amount.

“The enhancement aligns with the current economic environment, characterised by easing monetary policies and lower interest rates, which have brought dividends back into focus. Coupled with ongoing corporate reforms across Asian capital markets, these factors are poised to drive stronger investor confidence and favourable dividend outcomes over the medium term,” RHBAM said.

RHBAM manages a range of unit trust funds, wholesale funds, private retirement schemes and private mandates for Malaysian investors, both retail and sophisticated investors.