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Kenanga Investors may acquire i-VCAP | Asia Asset Management


Malaysia’s Kenanga Investors is in an advanced stage of negotiations to acquire i-VCAP Management, a state-backed asset and exchange-traded fund manager, according to people familiar with the matter.
“The deal, if sealed, would position Kenanga Investors as the second largest ETF provider in Malaysia, and it would also allow i-VCAP’s ultimate shareholders to exit the business as announced over a year ago,” one of these people tells
Asia Asset Management.
Affin Hwang Asset Management is currently the market leader with nine of the 19 ETFs listed on the local stock exchange. i-VCAP manages four ETFs and Kenanga Investors has two. ....

Khazanah Nasional , Permodalan Nasional , Mahathir Mohamad , Kumpulan Wang Persaraan , Valuecap Group , Kenanga Investors , Asia Asset , Hwang Asset Management , Kumpulan Wang , Prime Minister Mahathir Mohamad , Jones Islamic Malaysia Titan , கெனாங்க முதலீட்டாளர்கள் , ஆசியா சொத்து , ஹ்வ்யாஂக் சொத்து மேலாண்மை , ஜோன்ஸ் இஸ்லாமிய மலேசியா டைட்டன் ,