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March 21, 2017

BNY Mellon partners with Maybank to launch new Asia small-cap fund

BNY Mellon Investment Management has partnered with Maybank Asset Management, a subsidiary of Malaysia-based Maybank, to jointly launch new Asia small-cap fund.

By Verdict Staff

BNY Mellon Investment Management has partnered with Maybank Asset Management, a subsidiary of Malaysia-based Maybank, to jointly launch a new Asia small-cap fund.

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Analyze opportunies within the wealth management market in APAC

GlobalData’s ‘Asia-Pacific Wealth Management: Market Sizing and Opportunities to 2026’ report provides a comprehensive overview of the Asia-Pacific (APAC) wealth management market.
  • The report analyzes the APAC wealth and retail savings and investments markets. This includes affluent market size, both by number of individuals and the value of their liquid assets.
  • The affluent population grew by 5.3% in 2021 and is expected to grow at an AAGR of 4.8% between 2022 and 2026.
  • The value of liquid assets held by the affluent segment surged by 8.4% in 2021, backed by economic recovery. HNW individuals’ financial wealth grew by 12%, while mass affluent individuals’ wealth grew by 6.0%.
  • The report provides an analysis of factors driving liquid asset growth. It is also split into asset classes - equities, mutual funds, deposits, and bonds.
  • The affluent population are more risk-tolerant and invest a significant proportion of their investments in risky assets such as equities, compared to emerging affluent and mass market individuals.
The report also provides data and insights on the size of offshore holding of HNW investors in the APAC region.
by GlobalData
Enter your details here to receive your free Report.

The newly launched fund, known as BNY Mellon Asia Rising Stars Fund, will combine the expertise of BNY Mellon’s Japan small-cap and the Maybank’ Asia ex-Japan small cap teams.

Under the partnership, BNY Mellon’s Japan business will manage the Japanese small-cap equities portion and Maybank’s Singapore operation will manage the Asia ex-Japan small-cap portion.

The fund will focus on firms with a market cap below $5bn, and aim to provide capital growth through investment primarily in Asian small cap firms which are listed on recognised Asian exchanges, including Japan.

BNY Mellon Investment Management operates in 35 countries, serving more than 100 markets. As of 31 December 2016, the firm manages $1.6trillion in assets under management.

Free Report
img

Analyze opportunies within the wealth management market in APAC

GlobalData’s ‘Asia-Pacific Wealth Management: Market Sizing and Opportunities to 2026’ report provides a comprehensive overview of the Asia-Pacific (APAC) wealth management market.
  • The report analyzes the APAC wealth and retail savings and investments markets. This includes affluent market size, both by number of individuals and the value of their liquid assets.
  • The affluent population grew by 5.3% in 2021 and is expected to grow at an AAGR of 4.8% between 2022 and 2026.
  • The value of liquid assets held by the affluent segment surged by 8.4% in 2021, backed by economic recovery. HNW individuals’ financial wealth grew by 12%, while mass affluent individuals’ wealth grew by 6.0%.
  • The report provides an analysis of factors driving liquid asset growth. It is also split into asset classes - equities, mutual funds, deposits, and bonds.
  • The affluent population are more risk-tolerant and invest a significant proportion of their investments in risky assets such as equities, compared to emerging affluent and mass market individuals.
The report also provides data and insights on the size of offshore holding of HNW investors in the APAC region.
by GlobalData
Enter your details here to receive your free Report.

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