Malaysian firm profits on shares' volatility: short-term thinking has paid off for Metrowangsa Asset Management
Article Abstract:
Malaysian Islamic investment house Metrowangsa Asset Management managed a 41% gain on its stock investments through its opportunistic investment technique in the Malaysian stock market. Company president Ghazali Atan believes that the Asian road to economic stability will be marked by fluctuations, which can be exploited to effect gains on stock investments. Atan scrutinizes undervalued stocks with strong fundamentals and analyzes it further by contextualizing it within the industry and the economy. Atan holds on to the stocks for a day for near-term speculation and as long as a month for long-term speculation.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
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Malaysian rally awaits MSCI
Article Abstract:
Morgan Stanley Capital International's (MSCI) announcement that it was returning Malaysia to its benchmark stock indexes elicited a cautious response from foreign investors. An earlier announcement made by MSCI on Aug 12, 1999 triggered a buying spree in Malaysia's stock markets. However, when the initial euphoria subsided, it became clear that the announcement was made so that an outflow of funds from the country would be prevented. The MSCI declaration was made to counter the government's announcement that it would lock in all foreign investors for one year starting Sep 1, 1999.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1999
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Malaysian WEBS attract passive investors
Article Abstract:
World equity benchmark shares (WEBS) may be used to avoid the technical difficulties of investing in Malaysia. Stock analysts claim that WEBS may be the easiest way by which investors can get into the Malaysian market. WEBS are country-specific index funds that are a combination of open-end and closed-end funds. Each WEBS embodies a group of stocks which are devised in such a way that it echoes the price and yield performance of its corresponding Morgan Stanley Capital International country index.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1999
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