Value Partners launches shariah-compliant ETF in Malaysia asiaasset.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from asiaasset.com Daily Mail and Mail on Sunday newspapers.
Sekar Jaganathan, director of digital strategy at Malaysia’s Kenanga Investment Bank Speech recognition has become a powerful tool for authenticating customers in a seamless manner, says Sekar Jaganathan, director of digital strategy at Malaysia’s Kenanga Investment Bank. “Technologies like AI [artificial intelligence] can be leveraged to distinguish between mimicry and speech from a real person, Jaganathan says. The way you breathe when you are mimicking is different from when you speak naturally. Many banks are already leveraging this technology. Such technologies ensure that you might have a more stringent customer experience during onboarding, but we will have a beautiful digital experience for customers after onboarding.”
SE Asia Digest: Kenanga unit buys ValueCap biz; Goldbell in deal talks with BlueSG
The KL Tower is seen, with a background of the cityscape in Kuala Lumpur, Malaysia.
February 2, 2021
Malaysia’s Kenanga Investment Bank has acquired i-VCAP Management while Singapore’s transport and engineering group Goldbell is reportedly in talks to acquire an electric car-sharing outfit BlueSG.
Kenanga Investment Bank acquires ValueCap’s ETF business
Malaysia’s Kenanga Investment Bank on Tuesday announced its acquisition of i-VCAP Management following approval by the Securities Commission of Malaysia.
The deal was conducted via its fully-owned subsidiary Kenanga Investors.
i-VCAP is a Shariah-compliant investment management services provider focused on Islamic exchange-traded funds (ETFs). It is a wholly-owned subsidiary of ValueCap, which in turn is equally-owned by sovereign fund Khazanah Nasional Bhd, state-linked investment fund Permodalan Nasional Bhd (PNB) and retirement fund