• About us
  • Advertise
  • Contact
  • Nominate
  • Client’s Voice
  • Login
  • Register
📖 Magazine
The Global Economics
  • Home
  • Banking
  • Non Banking
  • Markets
  • Infrastructure
  • Lifestyle
  • FeatureNew
  • Awards
No Result
View All Result
  • Home
  • Banking
  • Non Banking
  • Markets
  • Infrastructure
  • Lifestyle
  • FeatureNew
  • Awards
No Result
View All Result
The Global Economics
No Result
View All Result
Home Banking Private

Kenanga Investment Bank Acquires i-VCAP Management

The acquisition marks the second biggest purchase of an asset management business

The Global Economics by The Global Economics
February 2, 2021
in Private, Top Stories, Trending
Reading Time: 1 min read
0
Kenanga Investment Bank Acquires i-VCAP Management

Kenanga Investment Bank Acquires i-VCAP Management

54
SHARES
588
VIEWS
FacebookTwitterRedditWhatsAppLinkedInFacebook

Kenanga Investment Bank Berhad has made an announcement of acquiring i-VCAP Management Sdn Bhd, a Shariah-compliant investment management service provider, in order to look for new investment solutions. 

In a statement, Kenanga IB Group managing Director Datuk Chay Wai Leong remarked that the acquisition of i-VCAP will assist in building the group better and create more diversified portfolios across the group. 

The acquisition is made by the Kenanga Investors Bhd along with the approval made by the Securities service provider focused on Islamic-exchange-traded funds or EFTs.

There are constant efforts to deliver new investment solutions for clients, added Datuk Chay Wai Leong. The EFTs market has growing potential in asset management and several long-term macro trends and increasing use of passive vehicles and digitization will further enhance the growing demand of ETF products.  

He added that the acquisition will expand Kenanga IB Group’s ability to build more diverse portfolios and enhance the current range of solutions, which will add a competitive edge in addressing client needs and accelerate business growth.

The i-VCAP acquisition marks a year of Kenanga Group’s first foray into the ETF market. In the recent months, the group has participated in synergistic businesses and joint ventures and showed resilience and strong financial independence in 2020.

Tags: i-VCAP ManagementKenanga IB GroupKenanga InvestmentKenanga Investment Bank
The Global Economics

The Global Economics

The Global Economics Limited is a UK based financial publication and a bi-annual business magazine giving thoughful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

Related Posts

Guyana Asks ICJ to Halt Venezuela’s Vote as Annexation Crisis Intensifies
Top Stories

Guyana Asks ICJ to Halt Venezuela’s Vote as Annexation Crisis Intensifies 

by The Global Economics
November 30, 2023
The Cost-of-Living Crisis and How Ramen Noodles are Becoming a Lifeline
Lifestyle

The Cost-of-Living Crisis and How Ramen Noodles are Becoming a Lifeline

by Riya Thomas
November 30, 2023
NVIDIA and Amazon Forge Major AI Alliance
Technology

NVIDIA and Amazon Forge Major AI Alliance 

by The Global Economics
November 29, 2023
Tadawul Launched Single Stock Options
Markets

Tadawul Launched Single Stock Options 

by The Global Economics
November 28, 2023
China’s Visa-Free Policy Expansion to Benefit Five European Countries and Malaysia
Tourism

China’s Visa-Free Policy Expansion to Benefit Five European Countries and Malaysia

by Riya Thomas
November 28, 2023
Previous slide
Next slide
Previous slide
Next slide
Previous slide
Next slide
Previous slide
Next slide
Twitter Youtube LinkedIn Soundcloud
the global economics logo

The Global Economics Limited is a UK based financial publication and a Bi-Monthly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

DMCA.com Protection Status

  • Privacy
  • Legal
  • Terms of Use
  • Client’s Voice
  • Server Status

norton verified - the global economics

Latest Posts

Guyana Asks ICJ to Halt Venezuela’s Vote as Annexation Crisis Intensifies

Guyana Asks ICJ to Halt Venezuela’s Vote as Annexation Crisis Intensifies 

November 30, 2023
The Cost-of-Living Crisis and How Ramen Noodles are Becoming a Lifeline

The Cost-of-Living Crisis and How Ramen Noodles are Becoming a Lifeline

November 30, 2023
NVIDIA and Amazon Forge Major AI Alliance

NVIDIA and Amazon Forge Major AI Alliance 

November 29, 2023
Download The Global Economics PWA to your mobile or Desktop
PWA App Download
Download The Global Economics Android App to your mobile or Desktop
Android App
Download The Global Economics IOS App to your mobile or Desktop
IOS App

All Rights Reserved © 2020 | 🇬🇧 The Global Economics, Business Finance Publication - www.theglobaleconomics.uk 🌏

No Result
View All Result
  • About us
  • Awards
  • Magazine
  • Client’s Voice
  • Exclusive Coverage
  • Nominate
  • Login
  • Sign Up

All Rights Reserved © 2020 | 🇬🇧 The Global Economics, Business Finance Publication - www.theglobaleconomics.uk 🌏

Welcome Back!

Sign In with Facebook
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Linked In
OR

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Go to mobile version