KUALA LUMPUR – RHB Asset Management Sdn. Bhd. (“RHBAM”), a wholly-owned subsidiary of RHB Investment Bank Berhad, today unveiled its enhanced Asian Income strategy comprising RHB Asian Income Fund, RHB Asian Income Fund-SGD and RHB Asian Income Fund – Multi Currencies (herein referred to as “RHB Asian Income Funds”). This enhancement marks a significant evolution of RHBAM’s flagship product, which has maintained a successful track record for over 12 years.
The RHB Asian Income Funds feed into the Schroder Asian Income Fund (“Target Fund”), managed by Schroders Singapore (“Schroders”). The Target Fund features a more dynamic asset allocation strategy, with a broadened investment scope that now spans global and alternative assets, in addition to Asian multi-asset investments. This comprehensive diversification allows Malaysian investors to tap into broader growth opportunities while enjoying stable income and capital appreciation over the medium-to-long term, amid a rapidly evolving investment landscape.
The RHB Asian Income Funds’ income distribution policy is now more flexible, allowing for monthly income distribution. It targets a higher income distribution of 6% to 6.5% per annum1, a notable increase from the previous 4.0% to 4.5% per annum. This improvement is designed to offer flexibility and provide a more regular income stream, especially valuable in times of market volatility.
The enhancement aligns with the current economic environment, characterised by easing monetary policies and lower interest rates, which have brought dividends back into focus. Coupled with ongoing corporate reforms across Asian capital markets, these factors are poised to drive stronger investor confidence and favourable dividend outcomes over the medium term.
The Target Fund’s diversified strategic investment universe now extends beyond Asian multi-asset investments to include global and alternative asset classes, aiming to boost alpha generation and enhance yields by tapping into income and growth opportunities worldwide. With a balanced approach that combines income generation and capital growth, the RHB Asian Income Funds aims to deliver stability and long-term potential. Investors gain access to high-quality companies globally, positioning them to benefit from major growth themes such as artificial intelligence, which are reshaping the market landscape.
Today, RHBAM manages an extensive range of unit trust funds, wholesale funds, private retirement schemes and private mandates for Malaysian investors, both retail and sophisticated investors at large. Our range of investment solutions encompasses both conventional and Shariah-compliant, sustainability focused and thematic strategies to cater to the differing risk appetite for out investors. Our assets under management (AUM) is in excess of RM50bil, with the support of our clients, appointed distributors and our agency force. Our product offerings are distributed by our list of appointed Institutional Unit Trust Agents (IUTAs), Corporate Unit Trust Agents (CUTAs), agency force and through our very own online portal, RHBAM MyInvest. Investors are able to access the RHB Asian Income Funds through www.rhbgroup.com/myinvest.
Retail investors can participate in RHB Asian Income Fund with a minimum investment of RM100, making this diversified approach to income and growth accessible to a broad range of investors.
Chze How Ng, Managing Director and CEO of RHB Asset Management, said:
“At RHB Asset Management Sdn. Bhd., we are committed to delivering innovative investment solutions that meet the evolving needs of our clients. The enhanced Asian Income strategy are designed to provide consistent income and capital growth during volatile market cycles. We are optimistic that it will play an essential role in every investor’s portfolio. We are proud to continue our 12-year partnership with Schroders, leveraging their proven expertise to navigate this dynamic investment landscape.”
Lily Choh, Head of South Asia and CEO Singapore, Schroders, said:
“As we steer through an era of transformative change, we are delighted to partner with RHB Asset Management Sdn. Bhd. on the enhanced Asian Income strategy, which is exclusively designed to benefit from Asia’s burgeoning influence and pivotal trends driving growth. Schroders, as one of the largest offshore managers in Malaysia, combines our regional expertise with a global perspective to deliver income stability while tapping into the next wave of growth opportunities. Our robust and forward-thinking investment strategies are well-positioned to adapt to the rapidly evolving market landscape, making this fund an ideal addition for investors seeking to navigate the future with confidence.”
Schroders plc
Schroders is a global investment management firm with £773.7 billion (€912.6 billion; $978.1 billion) assets under management, as at 30 June 2024. Schroders continues to deliver strong financial results in ever challenging market conditions, with a market capitalisation of circa £6 billion and over 6,000 employees across 38 locations. Established in 1804, the founding family remains a core shareholder, holding approximately 44% of Schroders’ shares.
Schroders has benefited from a diverse business model by geography, asset class and client type. It offers innovative products and solutions across four core businesses; Public Markets, Solutions, Wealth Management and our private markets business Schroders Capital. Clients include insurance companies, pension schemes, sovereign wealth funds, high net worth individuals and foundations. Schroders also manages assets for end clients as part of its relationships with distributors, financial advisers and online platforms.
Schroders aims to provide excellent investment performance to clients through active management. It also channels capital into sustainable and durable businesses to accelerate positive change in the world. Schroders’ business philosophy is based on the belief that if we deliver for clients, we will deliver for our shareholders and other stakeholders.
About the RHB Banking Group
The RHB Banking Group, with RHB Bank Berhad as the holding company, is one of the largest fully integrated financial services group in Malaysia. The Group’s core businesses are structured into five main business pillars, namely Group Community Banking, Group Wholesale Banking, Group Shariah Business, Group International Business, and Group Insurance.
Group Community Banking comprises Retail Banking and SME Banking, while Group Wholesale Banking comprises Group Investment Banking, Group Corporate Banking, Group Treasury & Global Markets, Group Asset Management, Commercial Banking, Transaction Banking, and Economics.
All five Strategic Business Groups offer their financial solutions through RHB Bank Berhad and its main subsidiaries – RHB Investment Bank Berhad, RHB Islamic Bank Berhad and RHB Insurance Berhad, while its asset management and unit trust businesses are undertaken by RHB Asset Management Sdn. Bhd. and RHB Islamic International Asset Management Berhad.
The Group’s regional presence now spans seven countries including Malaysia, Singapore, Indonesia, Thailand, Brunei, Cambodia, and Lao PDR.
