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Securities Commission Malaysia And Monash University Collaborate To Promote Early Understanding Of Corporate Governance Date
27/05/2021
The Securities Commission Malaysia (SC) formalised a collaboration agreement with Monash University Malaysia to promote early understanding of corporate governance principles and practices. This collaboration is a significant development in the implementation of SC’s strategic priority to embed good corporate governance amongst the youth.
“One of our key priorities is to drive good corporate governance in Malaysia, by investing in the youth and supporting them in reaching their full potential as future leaders and agents of positive change. In this regard, the SC will also collaborate with relevant ministries and agencies to develop a Corporate Governance Toolkit for small and medium enterprises to embed good corporate governance principles early in the growth stage of these companies,” said Datuk Syed Zaid Albar, Chairman of the
Malaysia’s exchange-traded fund (ETF) industry assets fell 8.97% in the first quarter driven by a decline in bond funds.
The ETF market’s total assets as of March 31 was 2.03 billion ringgit (US$490 million), down from 2.23 billion ringgit at the end of 2020, according to data published on the website of the Securities Commission Malaysia. The regulator typically posts the data without providing analysis.
ETF assets were dragged down partly by a decline in funds with exposure to Malaysian bonds, according to a fund manager at a Malaysian asset management company.
“Overall, there’s increasing optimism that Malaysia’s economy will pick up this year, as the [Covid-19] vaccination programme is underway, hence you will start to see investors reducing exposure to safe haven assets,” he tells