Market Review December 2023
Risk assets staged a strong comeback in November 2023 on optimism over interest rate outlook, with the markets in Far East ex-Japan, as a whole, lagging the developed markets. The MSCI Far East ex-Japan Index gained 6.93%, while the MSCI World Index advanced 9.21%. Among the Far
SCAM ALERT
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 29 November 2023 of a suspected scam, actively viral through several social media platforms, including but not limited to Facebook and
Market Review November 2023
Markets worldwide remained in the correction mode in October 2023, with the markets in Far East ex-Japan overall faring worse than the developed markets. The MSCI Far East ex-Japan Index declined 4.09%, while the MSCI World Index fell 2.97%. The Far East ex-Japan markets declined across the
Market Review October 2023
Markets continued to trend lower in September 2023, with the markets in Far East ex-Japan overall faring better than the developed markets. The MSCI Far East ex-Japan Index declined 3.82%, while the MSCI World Index fell 4.45%. The Far East ex-Japan markets declined due to weaker than
Market Review September 2023
For the month of August 2023, markets were generally down, with the developed markets faring better than the markets in Far East ex-Japan. The MSCI Far East ex-Japan Index declined 7.50%, while the MSCI World Index had a smaller 2.55% fall. The Far East ex-Japan markets declined