Malaysia: Aberdeen Islamic Asset Management - strategy

Racheal Lee Mei Nyee reported on 16 February in The Edge Daily, that Aberdeen Islamic Asset Management Sdn Bhd aims with the new licence to approach retail investors and launch funds, which it could not do under the conventional licence. The company is seeking seed funding from institutional investors first and look at retail funds only later.

Gerald Ambrose is managing director of Aberdeen Asset Management Sdn Bhd.