Woohooo! Let the slaughter.. erm.. i mean competition begin!
Hajime! Fight!
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http://www.reuters.com/article/2014/06/09/...N0OQ0KD20140609

UPDATE 1-Malaysia's PM eases rules on foreign fund managers, corporate bonds
12:24am EDT
* Foreign fund managers get broad access to retail investors
* Requirement for corporate-bond ratings to end in 2017
* Foreign rating agencies to be allowed to operate
* Najib says liberalization steps in line with development goals (Recasts, adds details, fund manager quote)
By Yantoultra Ngui and Stuart Grudgings

KUALA LUMPUR, June 9 (Reuters) - Malaysia's Prime Minister Najib Razak announced steps to liberalize the country's financial sector on Monday, removing barriers faced by foreign-owned fund managers and easing ratings requirements for the corporate bond market.
Najib, speaking at an investment conference in Kuala Lumpur, said the moves were aimed at boosting investment and encouraging a "stable and inclusive" financial system as the country aims to reach developed nation status by 2020.
He said foreign firms will be allowed, effective immediately, to fully own unit-trust management companies in Malaysia - a move market players said would give foreign fund managers much broader access to the country's retail investors.
"There will be no barrier to entry for new foreign unit-trust management companies coming into Malaysia," Najib said....
..blah blah <see link for more info>

'A MASSIVE STEP'
The removal of restrictions on foreign-owned fund managers means they will now be able to market funds to retail investors in the Southeast Asian nation of 29 million people, said Gerald Ambrose, a fund manager at Aberdeen Asset Management in Kuala Lumpur.
Until now, they have only been able to sell wholesale funds to Malaysians with a net worth of more than 3 million ringgit ($935,000)
"Foreign fund managers can manage conventional unit trusts now, which is a massive step. We've been pushing for that for a long time," Ambrose said.
Najib said the new steps were integral to Malaysia's goal of developing its economy to achieve developed-world status by 2020, with a projected income per head of $15,000.
"I want to see Malaysia emerge not just with a high-income economy, but a high-quality economy," he said.
"That means building a stable and inclusive financial system, encouraging innovation, and tackling corruption. To that end, we have introduced policies and reforms to ensure our growth is not just strong, but sustainable." (Editing by Richard Borsuk)

no prob with me. depends on the who is handling your acc. Mine is Ms anita, no prob.

no sure, ask around.    those expert in banking..

up & up..   target RM2k/every 2 months

Hi all,

After Malaysia, I'm considering a new fund with holdings at the Asia ex Japan region. Given the similar returns, should I buy into fund priced at over RM1 or those below RM1?

Was doing a cursory review and affixed myself at Hwang Select Asia Quantum vs CIMB-P APAC Dynamic Income. Your take?

Edit: Granted, the risk and volatility is difference how should one view the difference in unit price?

Hey guys. There is an event called InvestSmart Fest going on at OU from 9th - 14th Sept. May be a good way for newbies(like me) and other to go for more in-depth knowledge gathering session or building network .

Just sharing: http://investsmartsc.my/

which type of investment is suitable for a newbie?

Depends on which discount broker you signed up with. On TDAmeritrade, it is $9.99 per transaction although I get charged half of that due to higher trading volume. Other brokers could charge higher or lower.