MALAYSIA: Pelaburan Hartanah opted for internal management of its Shariah compliant commercial property unit trust fund, Amanah Hartanah Bumiputera (AHB), thus ending the present deal with Maybank Asset Management. Apart from aiming to raise the AHB fund size to RM20 billion (US$4.22 billion) by 2030, from RM5 billion (US$1.05 billion) currently, its internal manager PHB Asset Management will also take on the management of external funds.
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