Blog
77 Syarikat Pelaburan Tidak Sah
Pelaburan Emas Genneva Malaysia Sdn Bhd Tak Sah
Rancang harta awal tak susahkan waris
Prestasi kewangan mantap
CIMB-Principal Wins Best Overall Fund Group Award
Kuala Lumpur: CIMB-Principal Asset Management Berhad (“CIMB-Principal”) today won the Best Overall Fund Group Award at the prestigious industry wide event, The Edge-Lipper Malaysia Fund Award 2012, thanks to the consistent out-performance of its funds. This win cements CIMB-Principal’s position as the premier fund provider.
“We are proud to be accorded this award that recognise, as well as validate our consistent funds’ performance. We, at CIMB-Principal are focused on harnessing top-billing performance to provide utmost value to our investors, supported by good portfolio risk management practices and continuous diligent risk oversight by our Investment Committee,” said Campbell Tupling, Chief Executive Officer, CIMB-Principal at the awards ceremony.
Elaborating on the company’s strategic plans for Malaysia and its regional franchise, Tupling said, “In line with our vision to be ASEAN’s most valued investment manager offering total asset management solutions, we will continue to develop products and expertise as a regional house, strengthening our retail and institutional business growth not just in our four core markets, but across ASEAN.” CIMB-Principal currently has presence in Malaysia, Indonesia, Singapore and Thailand, with strong on-ground presence to meet individual markets’ rising demand and maturity.
In addition to the Best Overall Fund Group Award, CIMB-Principal also swept additional awards at the ceremony. As of 31 December 2011, CIMB-Principal’s total assets under management (AUM) stood at RM28.3 billion. It has a total of 54 unit trust funds (21 are Shariah-compliant), 6 wholesale funds and 2 Exchange-Traded Funds (ETFs). CIMB-Principal is also one of the largest institutional money managers in Malaysia.
The benefits of investing at a younger age
By CHOONG EN HAN
han@thestar.com.my
One of the more commonly asked questions from young investors is: “How do I start investing in stocks?” Not only is that question popular among the young but the older and more experienced individuals are also trying to grapple with it.
It’s hard to subsist on a meagre income but the younger generation is straddled with heavy education debt, car loans coupled with escalating living expenses.
Maybe that’s a prime reason why the Gen-Y should start investing at a young age.
“A big part of financial freedom is having your heart and mind free from worry about the what-ifs of life,” says Suze Orman, a waitress-turned-personal finance expert. She was a former financial advisor with Merrill Lynch.
Independent financial adviser Yap Ming Hui feels that every Malaysian should start to expose themselves to the investment world but they should not speculate blindly.
“Unlike investing in properties, the stock market offers investors an avenue to learn more about the corporate landscape, and it gives a different dimension of knowledge which would help in the long run,” he says.
Yap is the founder and managing director of Whitman Independent Advisors Sdn Bhd, a boutique financial advisory company.
He says some people don’t read the business pages, but that is the first place any investor should read to start dabbling in personal finance.
“If someone is well educated and keeps up to date with the trends in the stock market, one can identify the windows of opportunities to invest when valuations turn attractive, but if you’re not prepared, you would not even know it when there’s an opportunity right under your nose,” he says.
However, he didn’t discount the fact that individuals should diversify their investments into different asset classes.
“Most Malaysians still do not understand the kinds of investments they invest in, and they don’t make enough effort to understand the types of investments they invest in and get hoodwinked by fraud that offer seemingly attractive returns,” he says,
Yap suggests the younger generation start investing in unit trusts.
“Invest in funds that are linked to equity markets, and follow developments in the market and learn from there. Investing in specific counters are riskier than investing in funds, and do invest in what you can afford,” he says.
His advice is sound but many people react to what has happened around them.
For Dennis Yap, a working professional for an international accounting firm, the heartache of his parents, who lost their retirement nest egg during the Asian Financial Crisis in 1997/98, has been a major deterrent for him to venture into equity investments.
“The volatility of the market is just scary, and now my parents are still trying to recoup back the losses that wiped out most of their retirement fund,” he says, admitting that he prefers to earn a meagre interest from keeping his money in a bank.
He says people often point to investments as an inflation-fighting tool but for him, investments are meant to generate returns higher than just to fight inflation.
“I would rather save up and invest in a physical business compared with paper trading and punting on rumours and speculation,” he says.
A trip down memory lane might provide an encouragement for the young investors.
During the Greet Depression in the United States, stocks crashed hard with the market plunging 86% and it took more than 15 years for it to recover. Soon-to-retired individuals would be devastated as an investor. Those who had put US$10,000 into the stock market just before the crash had just US$6,000 10 years later.
However, if one had been 25 years old and invested US$10,000 in the stock market just before the crash, that person would have had about US$210,340 upon retirement 40 years later.
Time is definitely on the side of the young if they invest in stocks.
There are many ways to investing in the stock market, but one thing is for sure, education, research and patience should be the pillars of any budding investor wanting a pathway to success.
Dana Asing di Bursa Malaysia Meningkat
Oleh Suffian A Bakar
suffian@bharian.com.my
2012/01/13
Dasar kerajaan berjaya tarik minat pelabur luar
BURSA Malaysia bakal menyaksikan kemasukan lebih banyak dana pelaburan asing tahun ini, berikutan meningkatnya keyakinan pelabur terhadap dasar yang dilaksanakan kerajaan dalam mengemudikan ekonomi negara, kata Naib Presiden yang juga Ketua Strategi Pelaburan dan Penyelidikan (Produk Pengurusan Kekayaan) Citibank Bhd, Steven Yong CS.
Beliau berkata, pegangan asing dalam saham syarikat di Bursa Malaysia meningkat kepada 28 peratus ketika ini, berbanding 23 peratus pada akhir suku ketiga 2011 dan ia dijangka meningkat lagi tahun ini.
“Dasar dilaksanakan kerajaan hari ini dilihat positif. Ini dicerminkan peningkatan kemasukan dana asing ke dalam pasaran saham tempatan.
“Bagaimanapun, ia (pegangan asing) belum lagi mencecah tahap puncak sekitar 35 peratus seperti direkodkan sebelum ini dan saya melihat Bursa Malaysia berpotensi menerima lebih banyak dana asing tahun ini,” katanya pada taklimat mengenai tinjauan pelaburan runcit bagi 2012 di Kuala Lumpur, semalam.
Yong berkata, pelabur asing biasanya memasuki pasaran bagi prospek jangka panjang dan tempoh mereka banyak bergantung kepada keberkesanan dasar kerajaan.
Beliau berkata, keputusan pilihan raya umum yang dijangka diadakan dalam separuh pertama tahun ini turut menjadi faktor penting.
Mengenai tinjauan prestasi Bursa Malaysia, beliau berkata, KLCI FBM dijangka berlegar menghampiri paras 1,600 mata tahun ini.
“Masih ada banyak ketidakpastian sehingga kita sampai ke pertengahan tahun ini.
“Apakah dasar yang akan dilaksanakan tahun ini akan memberi kesan kepada pasaran,” katanya.
Yong berkata, KLCI FBM yang menutup tirai 2011 melebihi paras 1,500 mata, iaitu lebih tinggi daripada unjuran Citibank sebanyak 1,450 mata, didorong terutama oleh belian asing.
Bagi tahun ini, beliau berkata, sektor pilihan termasuk minyak dan gas serta perladangan.
Citibank menjangka ringgit akan mengukuh berbanding dolar Amerika Syarikat (AS) tahun ini berdasarkan perspektif asas ekonomi jangka panjang negara.
Beliau berkata, pada dasarnya, disebabkan jangkaan pertumbuhan ekonomi Malaysia pada lima peratus berbanding dua peratus bagi Amerika Syarikat (AS), nilai ringgit dijangka mengukuh tahun ini.
Bagaimanapun, katanya dalam jangka pendek, kelemahan euro akan memberi manfaat kepada dolar AS dan akan mempunyai kesan terhadap prestasi mata wang tempatan.
Yong mengunjurkan ringgit berada dalam lingkungan RM3.2 dan RM3.23 bagi setiap dolar AS dalam tempoh tiga bulan akan datang dan dijangka mengukuh kepada RM3.10 dan RM3.12 dalam tempoh enam bulan akan datang.
Citibank mengunjurkan Keluaran Dalam Negara Kasar (KDNK) Malaysia berkembang lima peratus tahun ini dan mengukuh kepada enam peratus tahun berikutnya, manakala inflasi tahun ini diunjurkan berlegar sekitar 2.7 peratus.
Public Warned of Bogus SC Letters
28 December 2011
Public warned of bogus SC letters
The SC warns the public about bogus letters with the SC’s logo being used in an illegal investment scheme.
It has come to the SC’s attention that an unlicensed individual has been using bogus letters with the SC’s logo in relation to an illegal investment scheme. The letters, which are addressed to the individual, contains the forged signature of an SC officer.
According to complaints received by the SC, the investment scheme purportedly offers a return of between 5% and 10% per month and has largely attracted investors from Kota Bharu (Kelantan), Nilai, Putrajaya and Johor Bahru. The individual later uses the bogus SC letters to justify to his clients why he is unable to pay out the promised returns to them.
The SC has lodged a police report on the unauthorised and misleading use of its name and logo.
Persons who are not licensed by the SC are not allowed to collect monies from others for investment in securities or derivatives on their behalf. The list of companies and individuals licensed by the SC to carry out investment activities, including providing investment advice, can be found on the SC’s website at www.sc.com.my.
The public are reminded that the SC does not and will not in any circumstances, endorse any investment product or scheme. If you are approached by anyone purporting to have such endorsement (even if you are shown a copy of a letter purported to be from the SC), do not part with any monies and do alert the SC immediately.
Anyone who comes across any suspicious letters, websites, as well as emails or who has any information pertaining to suspicious investment schemes or activities relating to securities or derivatives should contact the SC at 603-62048999 or e-mail to aduan@seccom.com.my. You may also write to the SC at:
Investor Affairs & Complaints
Securities Commission Malaysia
3 Persiaran Bukit Kiara
Bukit Kiara
50490 Kuala Lumpur
Fax No: 603-62048991
The Eurozone Crisis For Dummies
Since joining the euro back in 1999, the governments of Greece and Portugal (among other offenders) have gotten used to spending a LOT of money. When times were good, it wasn’t a problem — banks and other investors were willing to lend them money on the cheap and their public sectors became bloated.
When the financial crisis hit, however, problems came to a head. Debt levels in Portugal, Italy, and Greece became unsustainable, and taxes in a contracting economy are no longer enough to pay the bills.
Greece, Portugal, and Ireland are still struggling to bring their public debt under control, after receiving billions of euros in bailout aid from the European Commission, the International Monetary Fund, and the European Central Bank (the so-called troika). Some of this aid was provided through a temporary Special Purpose Vehicle called the European Financial Stability Facility (EFSF).
These governments needed this money because it became too expensive for them to borrow cash on the open markets, with speculators demanding high rates for lending and traders even betting on a disorderly sovereign default.
The initial round of aid money helped these governments prop up their banks and pay their bills.
The ECB also started buying government bonds on the secondary market in order to keep borrowing costs low.
But now Greece needs more dough to stay solvent. EU leaders agreed back in July that a “selective default” was the only option for Greece. Under this situation, euro area nations will guarantee payouts on Greek sovereign debt, but the private sector will bear take a loss — a “haircut” — on their debt holdings, reducing the face value of those holdings.
Italy and Spain are now crucial to the debate. The former has an incredible level of public debt (120% in 2010) and the latter has been crushed by a housing bubble and subsequent banking crisis.
The July agreement also expanded the EFSF to €440 billion and allowed the ECB to purchase Spanish and Italian government bonds.
All these problems are now affecting the banking sector. Sovereign bonds in the PIIGS countries (Portugal, Ireland, Italy, Greece, and Spain) — which just a few years ago were highly rated — have lost their high ratings, forcing banks to fear big write downs that cripple lending. Investors wary about the consequences of a Greek default (and other economic problems) are unwilling to loan out cash, producing a liquidity crisis. This is creating a vicious cycle and funding conditions are getting ever tighter.
This hurts economic growth not only in the euro area periphery but in core countries like Germany and France, which have kept their spending under control. While they are to blame for letting the PIIGS spend freely during the good years, now they’re angry. They don’t want to print more money to allow the PIIGS to get off scot free because it would deflate the value of their own assets. Taxpayers don’t want more of their money siphoned off.
But they also would suffer horribly if Greece defaulted and the banking system collapsed.
Source: Business Insider.Com