Market Review October 2024
Risk assets in major markets gained in September 2024, driven by easing monetary policies. The Far East ex-Japan Index outperformed developed markets. Led by Chinese shares, the MSCI Far East ex-Japan Index gained 10.06%, while the MSCI World Index rose by 1.69%. Among Far East ex-Japan markets,
Market Review September 2024
Risk assets in most markets moved higher in August 2024 despite a sharp sell down at the start of the month. The Far East ex-Japan index underperformed vis-a-vis the developed markets. The MSCI Far East ex-Japan Index gained 2.01%, while the MSCI World Index gained 2.51%. Among
Market Review August 2024
Risk assets performance was mixed in July 2024. The Far East ex-Japan index underperformed vis-a-vis the developed markets. The MSCI Far East ex-Japan Index declined 1.84%, while the MSCI World Index gained 1.70%. Among the Far East ex-Japan markets, ASEAN equities performed well with a return of
SCAM ALERT JUL 2024
Pheim Asset Management Sdn Bhd, Pheim Islamic Asset Management Sdn Bhd and Pheim Unit Trusts Berhad (collectively known as “Pheim”) have been made aware on 3 July 2024 of a suspected scam, actively viral through several social media platforms, including but not limited to Facebook, impersonating as
Market Review July 2024
Risk assets continued to advance in selective markets in June 2024, principally those benefiting from the semi-conductor upcycle and AI theme. The Far East ex-Japan index outperformed the developed markets. The MSCI Far East ex-Japan Index gained 3.06%, while the MSCI World Index gained 1.93%. Among the