SCAM ALERT – 23 June 2025 Fraudulent Facebook page misusing Dr. Tan Chong Koay’s photo and pronunciation of Dr. Tan’s name in another Chinese dialect – falsely promoting “Resilient Investment in Gold” to deceive the public
Pheim Asset Management Sdn Bhd, Pheim Islamic Asset Management Sdn Bhd, and Pheim Unit Trusts Berhad (collectively known as “Pheim”) have been alerted to a scam circulating on Facebook and/or other social media platforms. The scam involves the misuse of Dr. Tan Chong Koay’s photo and name
Market Review June 2025
Risk asset trading volatility continued to heighten across regions amidst uncertainties. Against the backdrop US trade negotiations with the European Union (EU) and a temporary delay to planned tariff hikes, including agreement reached on May 12 between the US and China to bring down the tariffs imposed
Market Review May 2025
Risk asset trading volatility continued to heighten across regions amidst uncertain, unexpected and frequent policy changes by the US administration. Prices gyrated in response to Trump’s pronouncements of sudden changes to the US tariff measures. The World Index recovered from last month’s 4.64% fall, gaining 0.74% in
Market Review March 2025
Risk asset performance diverged across regions. Notably, US and ASEAN region underperformed, while China/HK shares had a good run. The World index declined 0.81% against MSCI Far East Ex. Japan index’s 3.37% rise. ASEAN equities underperformed relatively with a return of declined 3.67%. H shares (+14.02%) and
Market Review February 2025
Recovering from a retracement in December 2024, developed markets risk assets made good gains in the first month of the new year The World index gained 3.47% against MSCI Far East Ex. Japan index’s 1.81% rise. ASEAN equities underperformed relatively with a return of -1.53%. Korea shares