Unit trust's CG challenge
Source : theStarOnline Business News
Published:
Saturday October 12, 2013 MYT 12:00:00 AM
Updated:
Saturday October 12, 2013 MYT 7:51:22 AM
THE Malaysian unit trust industry
quietly recorded a milestone at the start of the year when the total net
asset value (NAV) of its funds climbed above the RM300bil mark in
January. That figure matters because it shows just how fast the industry
has been growing in recent years.
When 1996 came to a close, the total NAV was RM60bil. It went past
RM100bil in January 2006, about nine years later. However, it took only
four years to double. That was in March 2010.
To continue reading, please
click here......