THU 14 MARCH 2019 Mediaportal Report
Executive summary
Newspaper (15 items)
Market expected to consolidate in the short term The Star, Malaysia, StarBiz, Cecilia Kok 14 Mar 2019
Page 3 • ASR: MYR 17,337.00 • Size: 325.00 cm² • KL • Malaysia • Company News- UOB • Language: English • Colour: Full Color • ID: MY0035388484 View original - Full text: 740 word(s), ~2 mins
KLCI consolidation to continue to end-2Q — UOB The Edge Financial Daily, Malaysia, Home Business, WONG EE LIN 14 Mar 2019
Page 1,5 • ASR: MYR 6,434.00 • Size: 587.00 cm² • KL • Malaysia • Company News- UOB • Language: English • Colour: Full Color • ID: MY0035386847 View original - Full text: 678 word(s), ~2 mins
UOB: Malaysian stock market to regain momentum in second half of 2019 after consolidation in next few months See Hua Daily News Sabah, Malaysia, Supplements 14 Mar 2019
Page B6 • ASR: MYR 1,232.12 • Size: 428.00 cm² • KL • Malaysia • Company News- UOB • Language: Chinese • Colour: Black/white • ID: MY0035391045 View original - Full text: 176 word(s), <1 min
UOBAM targets RM100 mln AUM for United-i Global Balanced Fund Borneo Post (Kuching), Malaysia, Business 14 Mar 2019
Page B3 • ASR: MYR 879.55 • Size: 129.00 cm² • KL • Malaysia • Company News- UOB • Language: English • Colour: Black/white • ID: MY0035389942 View original - Full text: 271 word(s), ~1 min
COPYRIGHT This report and its contents are for the internal research use of Mediaportal subscribers only and must not be provided to any third party by any means for any purpose without the express permission of Isentia and/or the relevant copyright owner. For more information contact [email protected]
DISCLAIMER Isentia makes no representations and, to the extent permitted by law, excludes all warranties in relation to the information contained in the report and is not liable for any losses, costs or expenses, resulting from any use or misuse of the report. Malaysian equities in consolidation phase till 2Q19 Borneo Post (Kuching), Malaysia, Business 14 Mar 2019
Page B1 • ASR: MYR 1,336.36 • Size: 196.00 cm² • KL • Malaysia • Company News- UOB • Language: English • Colour: Black/white • ID: MY0035390144 View original - Full text: 319 word(s), ~1 min
Ekuiti Malaysia dalam fasa penyatuan Utusan Sarawak, Malaysia, EKONOMI 14 Mar 2019
Page E2 • ASR: MYR 294.55 • Size: 90.00 cm² • KL • Malaysia • Company News- UOB • Language: Malay • Colour: Black/white • ID: MY0035390333 View original - Full text: 180 word(s), <1 min
UOB: FBM KLCI to consolidate in next few months and will regain momentum in second half Oriental Daily News, Malaysia, Business 14 Mar 2019
Page B1 • ASR: MYR 12,504.92 • Size: 713.00 cm² • KL • Malaysia • Company News- UOB • Language: Chinese • Colour: Full Color • ID: MY0035386641 View original - Full text: 77 word(s), <1 min
Bursa likely in consolidation period until 2Q19, says UOB The Malaysian Reserve, Malaysia, Corporate Malaysia, SHAZNI ONG 14 Mar 2019
Page 6 • ASR: MYR 3,868.00 • Size: 410.00 cm² • KL • Malaysia • Company News- UOB • Language: English • Colour: Full Color • ID: MY0035388922 View original - Full text: 576 word(s), ~2 mins
UOB Asset Management bullish on consumer, automotive and manufacturing stocks Nanyang Siang Pau, Malaysia, National 14 Mar 2019
Page A5 • ASR: MYR 10,163.52 • Size: 808.00 cm² • KL • Malaysia • Company News- UOB • Language: Chinese • Colour: Full Color • ID: MY0035388546 View original - Full text: 68 word(s), <1 min
COPYRIGHT For the internal research use of Mediaportal subscribers only. Not to be provided to any third party for any purpose without the express permission of Isentia. For further information contact [email protected] UOB: Malaysian stock market to regain momentum in second half of 2019 after consolidation in next few months See Hua Daily News (Kuching), Malaysia, See Hua Supplement 14 Mar 2019
Page 9 • ASR: MYR 5,213.64 • Size: 465.00 cm² • KL • Malaysia • Company News- UOB • Language: Chinese • Colour: Full Color • ID: MY0035390016 View original - Full text: 227 word(s), <1 min
Pasaran saham tempatan ke fasa pengukuhan Berita Harian, Malaysia, Bisnes, Mahanum Abdul Aziz 14 Mar 2019
Page 26 • ASR: MYR 17,132.02 • Size: 497.00 cm² • KL • Malaysia • Company News- UOB • Language: Malay • Colour: Full Color • ID: MY0035386811 View original - Full text: 364 word(s), ~1 min
Local stock market seen consolidating until end of Q2 The Sun, Malaysia, Business , Wan Ilaika Mohd Zakaria 14 Mar 2019
Page 12 • ASR: MYR 8,186.56 • Size: 319.00 cm² • KL • Malaysia • Company News- UOB • Language: English • Colour: Full Color • ID: MY0035387270 View original - Full text: 451 word(s), ~1 min
UOBAM targets RM100 mln AUM for United-i Global Balanced Fund Borneo Post (KK), Malaysia, Business 14 Mar 2019
Page A8 • ASR: MYR 454.42 • Size: 163.00 cm² • KL • Malaysia • Company News- UOB • Language: English • Colour: Black/white • ID: MY0035388769 View original - Full text: 298 word(s), ~1 min
Malaysian equities in consolidation phase till 2Q19 Borneo Post (KK), Malaysia, Business 14 Mar 2019
Page A8 • ASR: MYR 995.27 • Size: 357.00 cm² • KL • Malaysia • Company News- UOB • Language: English • Colour: Black/white • ID: MY0035388768 View original - Full text: 345 word(s), ~1 min
COPYRIGHT For the internal research use of Mediaportal subscribers only. Not to be provided to any third party for any purpose without the express permission of Isentia. For further information contact [email protected] UOBAM sasar RM100 juta aset di bawah pengurusan dengan `United-i Global Balanced Fund` Utusan Borneo Sarawak, Malaysia, Ekonomi 14 Mar 2019
Page A7 • ASR: MYR 767.82 • Size: 206.00 cm² • KL • Malaysia • Company News- UOB • Language: Malay • Colour: Black/white • ID: MY0035389626 View original - Full text: 298 word(s), ~1 min
Internet (9 items)
Market expected to consolidate in the short term The Star Online(www.thestar.com.my) 14 Mar 2019 8:00 AM ASR MYR 6,287.00 • Company News- UOB • Language: English • ID: MY0035390793 Read on source site
UOBAM targets RM100mil AUM for United-I Global Balanced Fund in two months The Star Online(www.thestar.com.my) 13 Mar 2019 8:00 AM ASR MYR 1,800.00 • Company News- UOB • Language: English • ID: MY0035389593 Read on source site
UOBAM Malaysia launches first Shariah-compliant global balanced fund The Star Online(www.thestar.com.my) 13 Mar 2019 8:00 AM ASR MYR 1,800.00 • Company News- UOB • Language: English • ID: MY0035389595 Read on source site
Ekuiti Malaysia dalam fasa penyatuaan hingga suku kedua 2019 Bernama(www.bernama.com) 13 Mar 2019 8:00 AM ASR MYR 59.00 • Company News- UOB • Language: English • ID: MY0035384045 Read on source site
UOBAM targets RM100 mln AUM for United-i Global Balanced Fund in two months Bernama(www.bernama.com) 13 Mar 2019 8:00 AM ASR MYR 900.00 • Company News- UOB • Language: English • ID: MY0035390799 Read on source site
COPYRIGHT For the internal research use of Mediaportal subscribers only. Not to be provided to any third party for any purpose without the express permission of Isentia. For further information contact [email protected] UOB Asset Management (Malaysia) launches Shariah-compliant global balanced fund to offer investors stable returns and lower volatility Money Compass (moneycompass.com.my/en) 13 Mar 2019 8:00 AM ASR MYR 62,926.00 • Company News- UOB • Language: English • ID: MY0035384062 Read on source site
Ekuiti Malaysia dalam fasa penyatuan hingga suku kedua 2019 Utusan Online(www.utusan.com.my) 13 Mar 2019 8:00 AM ASR MYR 479.00 • Company News- UOB • Language: Malay • ID: MY0035384251 Read on source site
FBM KLCI consolidation phase to continue to 2Q19, says UOB Asset Management | The Edge Markets Edge Markets (www.theedgemarkets.com) 13 Mar 2019 8:00 AM ASR MYR 450.00 • Company News- UOB • Language: English • ID: MY0035390906 Read on source site
Local stock market seen consolidating until end of Q2 The Sun Daily (www.thesundaily.my) 13 Mar 2019 8:00 AM ASR MYR 21.00 • Company News- UOB • Language: English • ID: MY0035385198 Read on source site
COPYRIGHT This report and its contents are for the internal research use of Mediaportal subscribers only and must not be provided to any third party by any means for any purpose without the express permission of Isentia and/or the relevant copyright owner. For more information contact [email protected] DISCLAIMER Isentia makes no representations and, to the extent permitted by law, excludes all warranties in relation to the information contained in the report and is not liable for any losses, costs or expenses, resulting from any use or misuse of the report. 14 Mar 2019 The Star, Malaysia Author: Cecilia Kok • Section: StarBiz • Page: 3 • Printed Size: 325.00cm² • Region: KL Market: Malaysia • Photo: Full Color • ASR: MYR 17,337.00 • Item ID: MY0035388484
Provided for client's internal research purposes only. May not be further copied, distributed, sold or published in any form without the prior consent of the copyright owner. Page 1 of 1 back
Market expected to consolidate in the short term
By CECILIA KOK The market consolidation and are cleaning up our fiscal position," expect a recession, we are cautious, [email protected] volatility aside, Lim said, there are she added. that things can go the other way. certain sectors that still provide She viewed the government's So, we'd rather be conservative in KUALA LUMPUR: Malaysia's equi- value to investors. move to cancel or renegotiate our strategy to make sure our fund ty market is expected to remain in a On that note, Lim said her group infrastructure project deals as ben- can weather through the volatili- consolidation phase for at least was "positive" on the consumer, eficial for the country's economy in ty," she explained. until the end of June this year. automotive, technology and manu- the medium term. Lim said the newly-launched According to UOB Asset facturing sectors, while remaining "When the government tries to United-i Global Balanced Fund, Management (M) Bhd (UOBAM), "neutral" on banks, given the slow- adjust/relook at our economy, there which is the company's first syariah the benchmark FBM KLCI will like- er pace of economic growth. would be certain sectors that would global fund, aimed to help Malaysian ly be range-bound between 1,650 Lim said her group remained be hit. It is unfortunate, but the gov- investors achieve stable income and 1,700 points over this consoli- "underweight" on the property, ernment is just trying to achieve with lower volatility by investing in dation phase before the uptrend plantation and construction sec- long-term sustainable growth," Lim a diversified global portfolio of sya- resumes. tors, citing the need for greater explained. riah asset classes. Noting the limited upside to the clarity on government policies and Meanwhile, on the risk of a reces- "The fund's investments are market, UOBAM chief executive job contracts, particularly for the sion, Lim said UOBAM did not diversified across Asia, Europe, the officer Lim Suet Ling says the cur- construction sector, before a expect such a scenario to material- Middle East and the US. Further rent FBM KLCI's valuation is not review on its recommendation. ise this year. In any case, she said, a diversification is achieved through exactly attractive. "Sentiment has been weak recession would only set in by late- asset class allocation, which ensures "The current market valuation is recently. However, we expect 2020 or early-2021 if the US yield that the source of the fund's returns no.t 'extremely cheap' at about 15 to improvements in 2019," Lim said. curve were any indication, as the is not concentrated in one asset 16 times (earnings), which is its his- She noted that the challenges the inversion of the US yield curve had class, but spread across different torical mean valuation," Lim said. local financial market was facing typically been used as a common classes that exhibit little correlation "The valuation for the index is came mainly from external sourc- indicator to predict a recession by with each other," Lim said. fair, considering all the noises in the es, rather than being internally about 18 months down the road. The fund would generally adopt background. We think more clarity generated. "There has not been a negative a balanced portfolio between syari- is needed before we move out from Among the external headwinds inversion yet the recession check ah-compliant equities and sukuk in the consolidation phase," she told to watch out for included the list is not in the warning area but reporters during a briefing at the the ratio of 50:50, she said, adding US-China trade war, slowing China getting closer; hopefully we won't that the sukuk portion would pro- launch of the group's United-i Global growth, upcoming elections in sev- go into that," Lim said. Balanced Fund here yesterday. vide stability to the fund, while the eral Asian countries, as well as Nevertheless, she said, the group equity portion would provide the Lim said the market's consolida- auto tariffs in Europe. remained cautious, considering the added return in the rising market. tion would likely last at least until "Internally, we feel the (new) fact that the global economy cur- "Historically, the blend of this the end of the second quarter of government is doing its job," Lim rently had one of the longest this year. 50:50 balanced fund return is said. expansion in terms of growth for between 6% and 9%. We are target- She said the group presently pro- "Malaysia is still in a transition the last 10 years. ing for a return of about 7% or jects the FBM KLCI to end at 1,750 phase. The new government has "We are at a late stage of an eco- by the end of 2019. better over the medium term for come in almost one year, and they nomic cycle. Although we don't this fund," she said. FINANCIAL
14 Mar 2019 DAILY The Edge Financial Daily, Malaysia Author: WONG EE LIN • Section: Home Business • Page: 1,5 • Printed Size: 587.00cm² Region: KL • Market: Malaysia • Photo: Full Color • ASR: MYR 6,434.00 Item ID: MY0035386847
Provided for client's internal research purposes only. May not be further copied, distributed, sold or published in any form without the prior consent of the copyright owner. Page 1 of 1 back
5 HOME BUSINESS KLCI consolidation to continue to end 2Q — UOB
(From left) Suhazi Reza, Lim and UOB Islamic Asset Management Sdn Bhd CIO Muhammad Sulfadzlie at the UOB Asset Management media briefi ng in Kuala Lumpur yesterday. Photo by Kenny Yap KLCI consolidation to continue to end-2Q — UOB
Index to improve when earnings improve and economy steadier
BY WONG EE LIN others — and slower China growth, In terms of the ringgit, chief in- as well as car tariff s, Lim observed. vestment offi cer of UOB Islamic As- KUALA LUMPUR: Th e local equity Internally, Malaysia is also still set Management Sdn Bhd Muham- market is presently in a period of in a transition phase. mad Zulfadzlie Zulkifl i observed consolidation which is expected to “Th e new government has came that it is also in a consolidation continue at least until the end of the in almost a year, and they are clean- phase as the country had scrapped second quarter (2Q), according to ing up our fi scal position,” she said, the goods and services tax and is UOB Asset Management (M) Bhd. adding the move to renegotiate relying on oil revenue. As such, he The FBM KLCI’s valuation is better prices for mega infrastruc- believes the ringgit will trade side- not “extremely cheap” at about 15 ture projects is good for the local ways until the internal and external to 16 times, which is its historical economy over the medium term. uncertainties are resolved. mean, said chief executive offi cer She said the equity market re- At the time of writing, the local Lim Suet Ling. mains the most attractive asset unit had weakened 0.13% to 4.0890 “The valuation for the index class, with consumer, automotive, against the greenback. is fair given with all the noises in and manufacturing having a little At the launch of the U-iGBF, UOB the background. So, more clari- bit of the upper hand over other Islamic Asset Management chief ty is needed before we move out sectors at present. executive director Suhazi Reza Se- from the consolidation phase,” Lim Th e fund is neutral on banks as lamat said the fund seeks to help said at a media briefi ng following they are a proxy to the economy, Malaysian investors achieve a sta- the launch of the fi rm’s fi rst sya- and slightly underweight on con- ble income with lower volatility riah-compliant global balanced struction — pending greater clarity by investing in a diversifi ed glob- fund, United-i Global Balanced on job contracts — property, and al portfolio of syariah-compliant Fund (U-iGBF), here yesterday. plantations. asset classes. She expects the index, which While Lim is confident there He said the U-iGBF applies closed seven points higher to would not be a global recession syariah fi lters to selected syari- 1,678.24 points yesterday, to stay this year, she does not rule out the ah-compliant global equities and between 1,650 and 1,750 points possibility of it occurring in the later sukuk to generate income and cap- this year. part of 2020, given that the world ital appreciation, adding that the “Th e longer the index is in con- has seen the longest expansion in fund is suitable for investors with solidation phase, the better it is,” terms of global economic growth. a moderate risk appetite and a she remarked, as this would allow Citing one of the many indica- medium to long-term investment the KLCI to pick up when earn- tors for a recession — the inverse horizon. ings improve, and the economy 10 to two-year treasury yield curve Moreover, the fund aims to is steadier. — she said a sustainable inverse reduce investment volatility by For 2019, Lim expects to see 3% yield would historically indicate a screening companies that are over- to 7% corporate earnings growth, as possible recession. But, as the yield leveraged or have unproductive corporates are generally conserving curve has yet to enter the nega- cash piles. cash and not planning to expand. tive territory, she is not expecting “Th is ensures that only compa- Coupled with external head- a global recession any time soon. nies with low debt ratios and strong winds in the form of the Sino-US Nonetheless, if it does enter the fundamentals are included for se- trade dispute and Brexit, other risks negative territory, she said the in- lection, providing investors with include the coming Asian elections verse yield curve has historically potentially lower investment risk — Indonesia and Taiwan, among led a recession by 18 months. and competitive returns,” he said. 14 Mar 2019 See Hua Daily News Sabah, Malaysia Author: No author available • Section: Supplements • Page: B6 Printed Size: 428.00cm² • Region: KL • Market: Malaysia • Photo: Black/white ASR: MYR 1,232.12 • Item ID: MY0035391045
Provided for client's internal research purposes only. May not be further copied, distributed, sold or published in any form without the prior consent of the copyright owner. Page 1 of 1 back
大蓽：来來數月腰& 馬股下半年重拾動力
？/脒坡13H讯I大平资产符押汄为,大瑪谢时棕合指数丨丨丨WII:处J a^ldJ.，这ti1丨况将延妹令：今年次乎:、企业说利狀现好 W的趋势之后,着在卜WMt价动乃。
该公則看好的领域7/lfil'，WiW汽个彳、丨丨制 选业。大华资产W理前席执行W彬聊/“;• _ 冊 UOB 二 未来几个)i预期办：rm 1 _点r 17oo点M m, 「U合指数今年杪的丨I _丨1 fill 101V紐1750 点•, 丨丨|丨丨：丨丨丨丨丨丨丨丨“.丨丨丨丨>丨丨丨，则 n (i tii外资对大I €髙的I(丨 w抓應•以及企 、lkto利丨丨屮叫W.的成K., I 林，Wi•‘(丨.:出席:iOi叫袖…从大冯大华资产 竹丨丨丨！il 1 V\ r._、‘ n义的I-1卞t隱M,鎌介 嫌.对媒丨本》fi\m^ 广 rw.执行嫩 ，ii 精 nwwifj M m ik in n _ 资 a兑哈末 附法兹利
等待企簖®利好轉 林S莲-(^^7大，纟寓吋练广旧敕丨丨^ W丨悄况预H将续至 今年次季杪；左起为苏眙玆利察和篪眙末祖法玆利， 林獬遡指出,4股佔Wll f IhW使丫I:,约 注15倍1丨16倍接近历七、|^佔能.Ill I 丨前 林氏认为，I丨n业的说利姑I _ 做出人w的减値拨折,ia然大幅拖累盈利表现， 仍面对 F少挑战，因此，iiiii!ir«i(,uirii, ,'vj|i!ir«i 0前依然是最典吸引力的资产謂，尤1丨:hUf 'it) 不过，成许也意味涔最坏的时机已过，企业在 她认为，在符到见加淸晰的仙rrt." it，嚷m 份、汽个：和制造业领域；\m\力个：球ism消货的 ：：019年伯It可取得史好的表现,每股盈利成长料 摆脱盘整。然而,林氏i人为,Wffi的/mw时…丨越 情站，而中和看待银行领城，以及不f丨好产业、 m%^7%0再加h政府料在今年第3季发放消费 长，对马股越冇利，这将让小场y'的丨umw 述筑的种M领域。 税退款,预期可带动市场消费。 积更多资金，等待企业说利回升及懺体济好w /丨•:政策不确定性的负面丨、•，她述议减持 另外，林氏也认为，国行今年不会上调利 遒指: 时,进场推动綜指回弹。 产业、筑和种植领域。 书，似汕价企稳仍耔助提振市场情绪。 林雪莲i兑,丨丨前，人…丨处(I t•过渡朋， 林雪連进•步指出,令吉汇书走强料支撑 尽管I I前全球市场情绪疲弱，但林氏相信，•, 新政府I:任後，il:积极处理国内财政情况，包括 汽车领域的表现,而制造业料将受，惠]•_中贸易 艘体情绪会逐渐好转。 _ 取消和(r(新谈判大型他建项11,对中期经济增长 战。 而全球风险方1面，林1'莲则认为，亚洲选 唯、中丨1彳经济增长放级、英丨細兑欧以及欧洲的汽 有利。 至于消费领域,W然本益比不便宜，但相信 仍||丨取得比R仙领域…奵的说利/丨1 )丨.丨丨V 车关税等都是会影晌全球市场的因素。 'Li 看好消費汽車製造業 旦经济好转，个人幵销将首先看到成长。 截至2019年1月31|丨，大华资产符理的资产 此外，林雪莲指出,许多企业在2018年末季 管理（AUM)为68亿6000万令丨4。 14 Mar 2019 Borneo Post (Kuching), Malaysia Author: No author available • Section: Business • Page: B3 • Printed Size: 129.00cm² Region: KL • Market: Malaysia • Photo: Black/white • ASR: MYR 879.55 Item ID: MY0035389942
Provided for client's internal research purposes only. May not be further copied, distributed, sold or published in any form without the prior consent of the copyright owner. Page 1 of 1 back
UOBAM targets RM100 mlnAUM for United-i Global Balanced Fund
KUALA LUMPUR: UOB Asset Management (Malaysia) Bhd (UOBAM) is targeting RM100 millioninassetundermanagement (AUM) for its newly launched United-i Global Balanced Fund in two months' time. Executive director/chief executive officer Lim Suet Ling said as at January 31, 2019, UOBAM has RM6.86 billion AUM and hoped to achieve its RM7 billion mark this year. She said the newly-launched fund, which is the company's first syariah global fund, seeks to help Malaysian investors achieve stable income with lower volatility by investing in a diversified global portfolio of syariah asset classes. "The focus stocks would be those which would grow in long term with the volatility in the market, and mostly diversified in the US, the European stocks and a few top Asian stocks as well, " she told the media at the United-i Global Balanced Fund product launch here yesterday. Lim said the fund initial minimum investment is RM1.000 and is available in the US dollar, Australian dollar, British pound, Singapore dollar and Renminbi share classes. The fund would generally adopt a balanced portfolio betweensyariah-compliantequities and sukuk in the ratio 50:50, she said, adding that the sukuk portion would provide stability to the fund, while the equity portion would provide the added return in the rising market. "Historically, the blend of this 50:50 balanced fund return was between six and nine per cent. We are targeting for a return of about seven per cent or better over the medium term for this fund," she said. She said the United-i Global Balanced Fund is also expected to have lower investments volatility due to its asset diversification aided by the global diversity and syariah screening. — Bernama 14 Mar 2019 Borneo Post (Kuching), Malaysia Author: No author available • Section: Business • Page: B1 • Printed Size: 196.00cm² Region: KL • Market: Malaysia • Photo: Black/white • ASR: MYR 1,336.36 Item ID: MY0035390144
Provided for client's internal research purposes only. May not be further copied, distributed, sold or published in any form without the prior consent of the copyright owner. Page 1 of 1 back
Malaysian equities in consolidation phase till 2Q19
KUALA LUMPUR: The Malay- Lim said the valuation was fair government in the process of sian equity market is at present after taking into consideration all cleaning up the country's fiscal in a consolidation phase which the noise in the market. position. is expected to continue at least She said a longer consolidation She said the government's move until the end of the second quarter would be better as there was to cancel and renegotiate the prices (2Q19), says UOB Asset Manage- still liquidity in the system and of some mega projects was good ment (M) Bhd. people had money to wait for the for the economy in the medium Executive director and chief right opportunity to invest when term. executive officer Lim Suet Ling earnings pick up. "The market does not expect any said the valuation of Malaysian "However, there are certain rate hike by Bank Negara Malaysia equities was considered as not sectors in the local market that this year, which is good for " extremely cheap" at 15 to 16 times have more bargaining power in stability. However, the rise in oil of historical mean valuation, terms of revenue. We continue prices will impact the people and pointing towards a consolidation to like the consumer, autos and the market needs to be sensitive on path. manufacturing sector, while the inflation rate," she said. "The FBM KLCI is expected to neutral on the banks and Lim said the challenge facing stay between 1,650 and 1,700 points underweight on construction, the market now was mainly due in the first half this year and to property and plantations," she to external headwinds such as the move to around the 1,750 level by added. US-China tradedispute, upcoming year-end," she told reporters at Lim said Malaysia was still Asian elections, China's growth, the United-i Global Balanced Fund in a transition phase after last Brexit and auto tariffs in Europe. product launch here yesterday. year's general election, with the — Bernama 14 Mar 2019 Utusan Sarawak, Malaysia Author: No author available • Section: EKONOMI • Page: E2 • Printed Size: 90.00cm² Region: KL • Market: Malaysia • Photo: Black/white • ASR: MYR 294.55 Item ID: MY0035390333
Provided for client's internal research purposes only. May not be further copied, distributed, sold or published in any form without the prior consent of the copyright owner. Page 1 of 1 back
Ekuiti Malaysia dalam fasa penyatuan
Pa- Fund di sini semalam. saran ekuiti Malaysia kini Lim berkata penilaian berada dalam fasa pen- itu adil selepas mengambil yatuan dan ia dijangka kira semua sentimen da- berterusan hingga akhir lam pasaran. Beliau ber- suku kedua tahun ini, kata kata penyatuan yang lebih UOB Asset Management lama adalah lebih baik (M) Bhd. berikutan masih terdapat Pengarah Eksekutif dan kecairan dalam sistem Ketua Pegawai Eksekutif dan orang ramai yang Lim Suet Ling berkata pe- mempunyai wang me- nilaian ekuiti Malaysia di- nunggu peluang yang se- anggap tidak terlalu mu- suai untuk melabur apabi- rah pada 15 hingga 16 kali la pendapatan meningkat. penilaian prestasi yang ”Bagaimapun, ada sek- menunjukkan ke arah tor tertentu dalam pasaran penyatuan. tempatan yang memiliki “FTSE Bursa Malaysia lebih banyak kuasa ta- KLCI (FBM KLCI) dijangka war-menawar dari segi kekal antara 1,650 dan perolehan. Kami akan te- 1,700 mata pada separuh rus menggemari penggu- pertama tahun ini dan di- na, sektor automotif dan unjurkan bergerak kepada perkilangan manakala paras sekitar 1,750 men- ‘neutral’ ke atas bank dan jelang akhir tahun,” kata- ‘underweight’ ke atas sek- nya kepada pemberita se- tor pembinaan, hartanah lepas pelancaran produk dan perladangan,” kata- United-i Global Balanced nya. — Bernama 14 Mar 2019 Oriental Daily News, Malaysia Author: No author available • Section: Business • Page: B1 • Printed Size: 713.00cm² Region: KL • Market: Malaysia • Photo: Full Color • ASR: MYR 12,504.92 Item ID: MY0035386641
Provided for client's internal research purposes only. May not be further copied, distributed, sold or published in any form without the prior consent of the copyright owner. Page 1 of 1 back 大华：来来数月盘鏊 3股下半年重拾动力
吉隆坡13日讯大华资产管理认为，大马富时综合指数目前正处于盘整 期，这情况预计将延续至今年次季；当企业盈利展现好转的趋势之后，马股 在下半年才会重拾动力。
该公司看好的领域方面，为消费、 汽车和制造业。大华资产管理首席执行员 林雪莲表示，综指未来几个月预期在介于
1650点至1700点间盘整。
「综合指数今年杪的目标贝IJ预期
是在近1750点。若要达到更高水平，即
1800点或1900点，则需要看到外资对大 马有更高的投资意愿，以及企业盈利有更 明显的成长。」 林雪莲是在出席2019年展望及大马 大华资产管理首个符合伊斯兰教义的全 球平衡型基金推介礼后，对媒体发表谈
话o 其他出席者包括大华伊斯兰资产管 理执行董事兼首席执行员苏哈兹利察和首 席投资员莫哈末祖法兹利。 看好消费汽车制造业 2018年末季做出大量的减值拨备，虽然 等待企业盈利好转 大幅拖累盈利表现，不过，或许也意味著 林氏认为，基于企业的盈利成长策 最坏的时机已过，企业在2019年估计可 林雪莲指出，马股估值并不算非常 略，股票目前依然是最具吸引力的资产类 取得更好的表现，每股盈利成长料在3%至 便宜，约在15倍至16倍接近历史平均估 别，尤其看好消费、汽车和制造业领域； 11。再加上政府料在今年第3季发放消费 值。由于马股目前仍面对不少挑战，因 也因为全球谨慎消费的情绪，而中和看待 税退款，预期可带动市场消费。 此‘目前的估值是合理的。她认为，在看 银行领域，以及不看好产业、建筑的种植 另外，林氏也认为，国行今年不会 到更加清晰的前景之后，马股才能摆脱盘 领域。 上调利率，但油价企稳仍有助提振市场情 整。 在政策不确定性的负面因素下，她 绪。 然而，林氏认为，综指的盘整时间 建议减持产业、建筑和种植领域。 尽管目前全球市场情绪疲弱，但林 越长，对马股越有利，这将让市场有更 林雪莲进一步指出，令吉汇率走强 氏相信，整体情绪会逐渐好转。 多的时间累积更多资金，等待企业盈利 料支撑汽车领域的表现，而制造业料将受 而全球风险方面，林雪莲则认为， 回升及整体经济好转时，进场推动综指 惠于美中贸易战。 亚洲选举、中国经济增长放缓、英国脱欧 回弹。 至于消费领域，虽然本益比不便 以及欧洲的汽车关税等都是会影响全球市 林雪莲说，目前，大马正处在一个 宜，但相信仍可取得比其他领域更好的盈 场的因素。 过渡期，新政府上任后，正积极处理国内 利表现。尤其是一旦经济好转，个人开销 截至2019年1月31日，大华资产管 财政情况，包括取消和重新谈判大型基建 将首先看到成长。 理的资产管理（AUM )为68亿6000万令 项目，对中期经济增长有利。 此外，林雪莲指出，许多企业在 吉。 14 Mar 2019 The Malaysian Reserve, Malaysia Author: SHAZNI ONG • Section: Corporate Malaysia • Page: 6 • Printed Size: 410.00cm² Region: KL • Market: Malaysia • Photo: Full Color • ASR: MYR 3,868.00 Item ID: MY0035388922
Provided for client's internal research purposes only. May not be further copied, distributed, sold or published in any form without the prior consent of the copyright owner. Page 1 of 1 back
Bursa likely in consolidation period until 2Q19, says UOB
The longer the index is to 16 times. This means the still see value in," she added. index is currently at the mid- According to Lim, sectors in a consolidation dle level. So, if you want it to that the group "likes" include phase, the better it is, be 18 or 19 times, something consumer, automotive and has to change. manufacturing, while main- according to CEO "Either your earnings taining its 'Neutral' stance for change substantially, or some- banks due to the sector's bySHAZNIONG thing in Malaysia (has to) slower growth rate. change drastically," she said. Meanwhile, Lim said the THE local bourse is currently Lim added that the country United-i Global Balanced experiencing a period of con- is still in a transition period as Fund seeks to help Malaysian solidation and is projected to the new government is clear- investors achieve stable continue until the end of the ing up its fiscal position. income with lower volatility second quarter this year (2Q19). "The new government came by investing in a diversified, UOB Asset Management (M) in almost a year (ago) now and global portfolio of Shariah- Bhd CEO Lim Suet Ling said it is cleaning up our fiscal compliant asset classes. the FTSE Bursa Malaysia KLCI position. You would notice The fund applies Shariah is expected to linger around that projects are being can- filters to selected Shariah- 1,650 to just below 1,750 celled or renegotiated with a compliant global equities and through the consolidation. better price, with some adjust- sukuk to generate income and "Where is the market ments here and there. So, it is capital appreciation, and is going? I would say we are at good for our economy in the suitable for investors with a the consolidation phase. Our medium term. moderate risk appetite and a valuation is not extremely "If you look at it, the chal- medium- to long-term invest- cheap. Our valuation is around lenges that we are facirjg are ment horizon. 15 to 16 times, which is our not internal, but rather exter- "The fund's investments Pic by Ismail Che Rus historical mean valuation. So, Lim says the country is still in a transition period as the new govt is nal. Internally, we feel that are diversified across Asia, the valuation is not extremely clearing up its fiscal position our government is doing its Europe, the Middle East and cheap. job and tries to balance out the US. "The valuation for the index Lim believes that the longer there will be a range," she everything (in the system)," "Further diversification is is fair, considering all the the index is in a consolidation said. she said. achieved through asset class noises at the background. We phase, the better it is. Asked whether the index On that note, Lim said there allocation which ensures that think more clarity is needed "When earnings come back could go as high as 1,800 will be certain sectors that will the source of the fund's before we move out from the and when the global economy this year, Lim said the fund be a hit when the government returns are not concentrated consolidation phase," she said is less hostile, then you can group is looking at the 1,750 tries to adjust or relook at the in one asset class, but spread at the launch of the United-i move on. So, we expect a con- level. economy. across different classes that Global Balanced Fund in solidation in our index level, "The valuation of Malaysia's "The good thing is that there exhibit little correlation with Kuala Lumpur yesterday. but (for) individual stocks, market is at the middle of 15 are certain sectors that we each other," she said. 14 Mar 2019 Nanyang Siang Pau, Malaysia Author: No author available • Section: National • Page: A5 • Printed Size: 808.00cm² Region: KL • Market: Malaysia • Photo: Full Color • ASR: MYR 10,163.52 Item ID: MY0035388546
Provided for client's internal research purposes only. May not be further copied, distributed, sold or published in any form without the prior consent of the copyright owner. Page 1 of 1 back
大华资管：综指年杪目标1750点 看好消费汽车制造股
(吉隆坡13日讯）大马大华资产管理 认为，富时隆综指年杪有望达到1750 点的目标，其中看好消费、汽车和制造 领域，并中和看待银行股。 尽管目前消费股的本益比估值高， 不过，大华资产管理总执行长林雪莲透 露，大马充分的就业率，再加上经济维 持增长，消费者将会继续消费。
在今日在“全球投资市场展望”汇报 她:•会上说，综指在上半年估计将会在
1650点至1700点之间游走，并在年底达到
1750点的目标。 此外，他认为马股目前正处于巩固阶段， 且估值“不便宜”，本益比介于15倍至16倍 之间；她预料，马股最快要到今年次季末才会 结束巩同阶段。
她补充，若大马企业的获利能力能够提 莫哈末祖发兹里（左起）、林雪莲和苏哈兹里扎，一同推介大华-i全球平衡型 升，吸引更多外资增持马股，届时，综指或有 基金 望达到更高的水平。 “我们也看好汽车和科技领域，因为今年 起，令吉开始走强，进口汽车的成木将会下 企业守现金应对放缓 跌，同时，中美贸易纠纷将利好木地制造 业。” 随着新政府上任后所进行的整顿， 大部分是外围因素，包括英脱欧事 银行股展望中和 例如暂停大型工程项目和削减成本开 件、亚洲多国将进行选举、美联储政 销等等，势必冲击建筑和收费大道 策变更，及美国转移焦点至欧洲汽车 另外，大马大华资产管理则中和看待银行 股，但林雪莲透露，K：期来看这对国 关税课题。 股，林雪莲解释，正常情况下，银行领域表现 家经济有利：丨 另一方面，苏哈兹里扎指，大部分 都跟随经济走势，而大马目前经济增K比较温 我国企业现在都较为保守，扩展支出 和：丨 国行今年料不升息 减少，纷纷增持手中现金来应对经济 不过，基于缺乏市场指引，这家资产管理 林雪莲也说：“市场认为国家银行 放缓。 公司不看好建筑、产业，以及种植领域，并认 今年不会升息，这对市场稳定有帮 不过，配合政府于今年第二季退还 为投资者应该减持。 助，然而，油价上涨将会影响人们， 高达350亿令吉的税款后，他认为届 一同出席今天的活动的，还包括大华回教 而市场也会对通货膨胀保持敏感。” 时有望刺激消费，从而带动企业扩展 资产管理投资总监莫哈末祖发兹里，及总执行 此外，马股目前面对的主要挑战， 计划。 长苏哈兹里扎。 14 Mar 2019 See Hua Daily News (Kuching), Malaysia Author: No author available • Section: See Hua Supplement • Page: 9 Printed Size: 465.00cm² • Region: KL • Market: Malaysia • Photo: Full Color ASR: MYR 5,213.64 • Item ID: MY0035390016
Provided for client's internal research purposes only. May not be further copied, distributed, sold or published in any form without the prior consent of the copyright owner. Page 1 of 1 back
大華：来來數月醱整
_，司 成交量（奏〉…丨 起跌(令吉)！闭市(令吉） 沙布拉能源 •3701034 0.015 0.340 10 柏达纳石油 •3399791 0.150 0.450 大 沙布拉能源-WA_ 2311076 0.005 0.105 科恩马集团 _1216992 0.010 0.115 馬腰年靈拾動力 执 /iw 布米阿玛达 •1033705 0.005 0.195 Velesto能源 • 9的410 0.000 0.305 门 巴拉卡 • 924853 0.020 0.125 吉隆坡13日讯|大华资产管理认为，大马富时综合指数目前正处于盘整期，这情况预计将延续至今年次季；当企业盈利展现好 必斯达亮 I 906427 0.005 0.570 股 环境海事资源I 729673 0.025 0.150 转的趋势之后，马股在下半年才会重拾动力。 纳英控股 • 680954 0.300 1.200
公司 涨幅（令吉）：闭市(令吉)：成交量(宗） 该公司看好的领域方面，为消费、汽车和制 10 纳英控股 ••0.300 1.200 680954 造业。大华资产管理首席执行员林雪莲表示，综指 星狮控股 •0.280 35.260 5803 (JOB 未来几个月预期在介於1650点至1700点间盘整。 大 振德 • 0.180 6.700 55 默迪甲 • 0.165 0.635 1723 「综合指数今年杪的目标则预期是在近1750 合力 • 0.160 1.450 4212 点。若要达到更高水平，即1800点或1900点，则 升 美佳笫一-WA • 0.160 1.730 617 MBM资源 • 0.160 9234 需要看到外资对大马有更高的投资意愿，以及企 2.830 股 亚通 • 0.160 4.220 24546 业盈利有更明显的成长。」 兴业银行 • 0.160 5.790 78952 林雪莲是在出席2019年展望及大马大华资产 齐力工业-WC • 0.150 4.050 1265 管理首个符合伊斯兰教义的全球平衡型基金推介 跌幅（令吉> ：闭市(令吉)！成交量(宗） 礼後，对媒体发表谈话。 10 科仪工业 ^•-0.750 8.680 3756 国油贸易 •-0.400 25.300 7016 其他出席者包括大华伊斯兰资产管理执行董 大 联合种植 •-0.380 27.020 30 丨0 事兼首席执行员苏哈茲利察和首席投资员莫哈末 雀巢 _-0.300 148.501 655 下 英美烟草 1-0.220 34.261丨0 2072 祖法兹利。 大马喜力 1-0.200 22.700 1278 跌 顶级手套 1-0.140 4.320 116501 巴迪尼控股 1-0.140 3.580 21021 林雪莲_(中ru丨为大马富时综合指数目前正处于盘整期r这情况预计将延续至 股 等待企業盈利好轉 贺特佳 1-0.140 4.570 80277 1-0.120 9.090 238 今年次季抄：左起为苏哈茲利察和莫哈末祖法茲利“ 艾柏士保健 1-0.120 9.090 238 林雪莲指出，马股估值并不算非常便宜，约 海外股市•情报 在15倍至16倍接近历史平均估值。由于马股目前 林氏认为，基于企业的盈利成长策略，股票 做出大量的减值拨备，虽然大幅拖累盈利表现， 纽约遒琼斯指数 仍面对不少挑战，因此，目前的估值是合理的。 目前依然是最具吸引力的资产类别，尤其看好消 不过，或许也意味著最坏的时机已过，企业在 Price 自 USD -27,000 她认为，在看到更加清晰的前景之後，马股才能 费、汽车和制造业领域；也因为全球谨慎消费的 2019年估计可取得更好的表现，每股盈利成长料 -26,000 • 25,000 情绪，而中和看待银行领域，以及不看好产业、 在至冗。再加上政府料在今年第3季发放消费 -24,000 摆脱盘整。然而，林氏认为，综指的盘整时间越 -23,000 V -22.000 长，对马股越有利，这将让市场有更多的时间累 建筑的种植领域。 税退款，预期可带动市场消费。 -21,000
17 —iis °i i°i 积更多资金，等待企业盈利回升及整体经济好转 在政策不确定性的负面因素下，她建议减持 另外，林氏也认为，国行今年不会上调利 Dec18 时，进场推动综指回弹。 产业、建筑和种植领域。 率，但油价企稳仍有助提振市场情绪。 道指:25554.66 (-96.22, -0.38%) 那指:7591.03 (+32.97, *0.44%) 林雪莲说，目前，大马正处在一个过渡期， 林雪莲进一步指出，令吉汇率走强料支撑 尽管目前全球市场情绪疲弱，但林氏相信，
8Y 汽车领域的表现，而制造业料将受惠于美中贸易 整体情绪会逐渐好转。 上海证券指数 p0 新政府上任後，正积极处理国内财政情况，包括 ^ r lcc^i*t*w2 ？10987654000000000:••-:,I-:.:iI 取消和重新谈判大型基建项目，对中期经济增长 战。 而全球风险方面，林雪莲则认为，亚洲选
有利。 至于消费领域，虽然本益比不便宜，但相信 举、中国经济增长放缓、英国脱欧以及欧洲的汽 ,2,2,2,2 仍可取得比其他领域更好的盈利表现。尤其是一 车关税等都是会影响全球市场的因素。 . 1_7 24 02 _ 14 21 28 11 18 看好消費汽車製造業 旦经济好转，个人开销将首先看到成长。 截至2019年1月31日，大华资产管理的资产 Dec 18 I Jan 19 I Feb 1£ 此外，林雪莲指出，许多企业在2018年末季 管理（AUM)为68亿6000万令吉。 上证指数:3026.95 (-33.36, -1.09%) 忽香港恒生指数 28807.45 (-113.42, -0.39%) 台漥加权指数： m 10373.32 (*29.99, *0.29%) 日本日经指数： m 21290.24 (-213.45, -0.99%) 首尔综合指数： 囷 2148.41 (-8.77, -0.41%) 新加坡宙时海蛱指数•• H 3195.59 (-16.66, -0.52%) 印尼雅加达指数:
H 6377.58 (+23.80, *0.37%) 导尼拉股票指数: [3 7766.15 (*18.61, *0.24%) 曼谷股票指数：
B 1639.67 (*12.08, +0.74%) 14 Mar 2019 Berita Harian, Malaysia Author: Mahanum Abdul Aziz • Section: Bisnes • Page: 26 • Printed Size: 497.00cm² Region: KL • Market: Malaysia • Photo: Full Color • ASR: MYR 17,132.02 Item ID: MY0035386811
Provided for client's internal research purposes only. May not be further copied, distributed, sold or published in any form without the prior consent of the copyright owner. Page 1 of 1 back
Pasaransaham [FOTOOWEE AH CHUN /BH] tempatan ke fasa pengukuhan
Prestasi tahun ini dijangkalebih
baik dengan pergerakan indeks Dari kiri Ketua Pegawai Eksekutif UOB Islamic AssetManagement, Suhazi Reza Selamat; Suet Ling dan Ketua Pegawai Pelaburan UOB Islamic Asset Management (Malaysia), Zulfadlie Zulkifli pada taklimat antara1,650 hingga 1,750 mata mengenai United-i Global Balanced Fund di Kuala Lumpur,semalam.
Oleh Mahanum Abdul Aziz berdepan persekitaran mencabar. cecah RM100 juta dalam tempoh derhana dan panjang. [email protected] “Lagi lama indeks berada dalam dua bulan ini. fasa pengukuhan, ia lagi baik. Beliauberkata,pihaknya optimis Unjur pulangan 7peratus “Sektor pilihan kami ialah peng- Sentimen pasaran dana yang baru dilancarkanitu “Dana ini mengguna pakai por- asaran saham tempatan di- guna, automotif dan perkilangan. dijangkalebih baik mendapat sambutan memandang- tfolio seimbang antaraekuiti ber- jangkabergerak dalam ja- Kaminegatif terhadap sektor pem- kaniamampu membantu pelabur landaskan syariah dan sukuk de- Pjaran antara1,650 hingga binaan,hartanah dan perlada- tahun iniberbanding mencapai pendapatan yang stabil ngan nisbah 50:50,”katanya. 1,750 mata tahun ini dengan sen- ngan,”katanya. tahun lalu, dan ketidaktentuan yang lebih ren- UOBAM Malaysia mengunjurkan timen pelabur dijangkalebih baik Beliauberkata demikian pada dah dengan melabur dalam por- pulangan pelaburandana itu kira- berbanding tahun lalu. taklimat mengenai United-i Global meskipunberdepan tfolio global dan pelbagaimerang- kiratujuh peratusataulebih da- KetuaPegawai Eksekutif UOB BalancedFund di Kuala Lumpur, persekitaran kumi kelas aset syariah. lam tempoh sederhana. Pelaburan Asset Management (Malaysia) Bhd semalam. mencabar” Katanya,dana berkenaan meng- United-i Global Balanced Fund ada- (UOBAM Malaysia), Lim Suet Ling, gunakan penyaringan patuh sya- lah pelbagai merentasi Asia, Ero- berkata pasaran ekuiti negaraakan Dana patuh syariah pertama riah untuk memilih ekuiti global pah, Asia Barat dan AmerikaSya- Lim Suet Ling, meneruskan tempoh pengukuhan Mengulas mengenai United-i Glo- berlandaskan syariah dan sukuk rikat (AS). Ketua Pegawai Eksekutif sekurang-kurangnyasehingga bal Balanced Fund yang baru di- bagi menjana pendapatan dan pe- Pelaburan minimum awal seba- UOB Asset Management akhir suku kedua tahun ini. lancarkanitu,SuetLingberkata, ningkatan modal. nyak RM1,000 dan pertambahan (Malaysia) Beliauberkata,sentimen pasa- UOBAM Malaysia mengunjurkan “Dana ini sesuai untuk pelabur pelaburan minimum RM100. Tem- randijangkalebih baik tahun ini saiz dana seimbang globalpatuh dengan selerarisikosederhana ser- pohtawaran bermula 11 Mac 2019 berbanding tahun lalu, meskipun syariah pertama itu akan men- ta tempoh pelaburan jangkase- hingga 31 Mac 2019. 14 Mar 2019 The Sun, Malaysia Author: Wan Ilaika Mohd Zakaria • Section: Business • Page: 12 Printed Size: 319.00cm² • Region: KL • Market: Malaysia • Photo: Full Color ASR: MYR 8,186.56 • Item ID: MY0035387270
Provided for client's internal research purposes only. May not be further copied, distributed, sold or published in any form without the prior consent of the copyright owner. Page 1 of 1 back
Local stock market seen consolidating until end of Q2 BRIEFS
However, she noted that currently oGeopolitical, economic policy uncertainty expected there has not been a negative inverse to push KLCI towards 1,750 points by year-end: UOBAM yet on US treasury yield curve. Meanwhile, Lim said UOBAM is targeting RM100 million in subscription for its newly launched D BY WAN ILAIKA MOHD ZAKARIA [email protected] Looking ahead, Lim said the fund shariah-compliant global balanced house favours consumer, fund, the United-i Global Balanced automotive, technology and Fund, within two months from its KUALA LUMPUR: The local stock market is manufacturing sectors attributed to launch. expected to extend its consolidation phase until stronger ringgit, while it is The fund, which is its first shariah- the end of second quarter (Q2) this year due to underweight on the property, compliant global balanced fund, will geopolitical and economic policy uncertainty, construction and plantation stocks invest in a diversified, global portfolio according to UOB Asset Management (Malaysia) given uncertainties on project procurement. of shariah-compliant asset classes. Bhd (UOBAM). “When the government try to relook at our “The fund aims to reduce investment Speaking at a media briefing yesterday, economy, there are certain sectors like toll road volatility through shariah screening which filters UOBAM CEO Lim Suet Ling (pix) said the FBM and construction that are being hit. It is out non-shariah sectors such as gambling, KLCI is expected to consolidate between 1,650 to unfortunate, but they (government) are just weapons and tobacco companies as well as 1,700 points during the consolidation phase, planning for the longer sustainable growth. those companies that are overleveraged or have before moving towards 1,750 points by end of the “But if we look at it, the challenge is not unproductive cash piles. year. internal, but rather the external (challenges) that “This ensures that only companies with low “For it to be at the 1,800- or 1,900-point levels, everybody is facing,” she said. debt ratios and strong fundamentals are something in Malaysia has to Lim noted that most of the included for selection, providing investors with change drastically that the OPINION external concerns were due to potentially lower investment risk and foreigners are willing to www.thesundaily.my trade tensions between the US and competitive returns,” she added. overweight our market, so that China, developments in the Brexit The fund, which is managed by UOBAM and there is a price-earnings (PE) Stop process and fears over slowing UOB Islamic Asset Management Sdn Bhd, has an expansion,” she added. wasting global growth. initial minimum investment of RM1000, with The KLCI rose 6.96 points or Speaking of the US economy, she minimum additional investment of RM100. 0.42% to close at 1,678.24 points water said, a recession, if any, will likely As at Jan 31, UOBAM had assets under yesterday. happen by the late of 2020 and 2021. management of RM6.86 billion. 14 Mar 2019 Borneo Post (KK), Malaysia Author: No author available • Section: Business • Page: A8 • Printed Size: 163.00cm² Region: KL • Market: Malaysia • Photo: Black/white • ASR: MYR 454.42 Item ID: MY0035388769
Provided for client's internal research purposes only. May not be further copied, distributed, sold or published in any form without the prior consent of the copyright owner. Page 1 of 1 back
U0BAM targets RMlOOmln AUM for United-i Global Balanced Fund
KUALA LUMPUR: UOB Asset Management (Malaysia) Bhd (UOBAM) is targeting RM100 million in asset under management (AUM) for its newly launched United-i Global Balanced Fund in two months' time. Executive director/chief executive officer Lim Suet Ling said as at January 31, 2019, UOBAM has RM6.86 billion AUM and hoped to achieve its RM7 billion mark this year. She said the newly-launched fund, which is the company's first syariah global fund, seeks to help Malaysian investors achieve stable income with lower volatility by investing in a diversified global portfolio of syariah asset classes. "The focus stocks would be those which would grow in long term with the volatility in the market, and mostly diversified in the US, the European stocks and a few top Asian stocks as well, " she told the media at the United-i Global Balanced Fund product launch here yesterday. Lim said the fund initial minimum investment is RMl.OOOandisavailableinthe US dollar, Australian dollar, British pound, Singapore dollar and Renminbi share classes. The fund would generally adopt a balanced portfolio between syariah- compliant equities and sukuk in the ratio 50:50, she said, adding that the sukuk portion would provide stability to the fund, while the equity portion would provide the added return in the rising market. "Historically, the blend of this 50:50 balanced fund return was between six and nine per cent. We are targeting for a return of about seven per cent or better over the medium term for this fund," she said. She said the United-i Global Balanced Fund is also expected to have lower investments volatility due to its asset diversification aided by the global diversity and syariah screening. "This ensures that only companies with low debt ratios and strong fundamentals are included for selection, providing investors with potentially lower investment risk and competitive returns," she added. — Bernama 14 Mar 2019 Borneo Post (KK), Malaysia Author: No author available • Section: Business • Page: A8 • Printed Size: 357.00cm² Region: KL • Market: Malaysia • Photo: Black/white • ASR: MYR 995.27 Item ID: MY0035388768
Provided for client's internal research purposes only. May not be further copied, distributed, sold or published in any form without the prior consent of the copyright owner. Page 1 of 1 back
The Malaysian equity market is at present in a consolidation phase which is expected to continue at least until the end of 2Q19, says U0BAM. — Bernama photo Malaysian equities in consolidation phase till 2Q19
KUALA LUMPUR: The Malaysian equity yesterday. the government in the process of cleaning up market is at present in a consolidation phase Lim said the valuation was fair after taking the country's fiscal position. which is expected to continue at least until the into consideration all the noise in the market. She said the government's move to cancel and end of the second quarter (2Q19), says UOB She said a longer consolidation would be renegotiate the prices of some mega projects Asset Management (M) Bhd. better as there was still liquidity in the system was good for the economy in the medium Executive director and chief executive officer and people had money to wait for the right term. Lim Suet Ling said the valuation of Malaysian opportunity to invest when earnings pick up. "The market does not expect any rate hike by equities was considered as not "extremely "However, there are certain sectors in the Bank Negara Malaysia this year, which is good cheap" at 15 to 16 times of historical mean local market that have more bargaining power for stability. However, the rise in oil prices will valuation, pointing towards a consolidation in terms of revenue. We continue to like the impact the people and the market needs to be path. consumer, autos and manufacturing sector, sensitive on the inflation rate," she said. "The FBM KLCI is expected to stay between while neutral on the banks and underweight Lim said the challenge facing the market now 1,650 and 1,700 points in the first half this on construction, property and plantations," was mainly due to external headwinds such as year and to move to around the 1,750 level by she added. the US-China trade dispute, upcoming Asian year-end," she told reporters at the United-i Lim said Malaysia was still in a transition elections, China's growth, Brexit and auto Global Balanced Fund product launch here phase after last year's general election, with tariffs in Europe. — Bernama 14 Mar 2019 Utusan Borneo Sarawak, Malaysia Author: No author available • Section: Ekonomi • Page: A7 • Printed Size: 206.00cm² Region: KL • Market: Malaysia • Photo: Black/white • ASR: MYR 767.82 Item ID: MY0035389626
Provided for client's internal research purposes only. May not be further copied, distributed, sold or published in any form without the prior consent of the copyright owner. Page 1 of 1 back
UOBAM sasar RM100 juta aset di bawah pengurusan dengan 'United-i Global Balanced Fund7
KUALA LUMPUR: UOB patan stabil dengan turun Dana tersebut umum- naik pelaburan adalah lebih Asset Management (Malaysia) naik yang rendah, menerusi nya akan mengguna pakai rendah berikutan kepelbaga- Bhd (UOBAM) menyasarkan pelaburan dalam kelas aset portfolio seimbang antara ian asetnya dibantu oleh aset dalam pengurusannya Syariah berportfolio global ekuiti patuh Syariah dan kepelbagaian global dan ;AUM) sebanyak RM100 yang pelbagai. sukuk dalam nisbah 50:50, perlindungan Syariah. iuta dalam tempoh dua bulan "Tumpuan adalah kepada katanya sambil menambah Perlindungan Syariah akan menerusi pelancaran 'United- saham yang berkembang bahagian sukuk akan mem- mengekang sektor bukan i Global Balanced Fund.' dalam jangka masa panjang beri kestabilan kepada dana, Syariah seperti syarikat per- Pengarah Eksekutif mer- dengan turun naik rendah manakala bahagian ekuiti judian, senjata dan tem- angkap Ketua Pegawai Ek- dalam pasaran, kebanyakan- akan memberikan pulangan bakau, serta syarikat yang sekutif syarikat, Lim Suet nya di US, saham Eropah serta tambahan dalam pasaran yang terlalu banyak hutang atau Ling berkata sehingga 31 Jan, beberapa saham utama Asia," meningkat. mempunyai tunai yang tidak 2019, UOBAM mempunyai katanya kepada pemberita " Sebelum ini pulangan dana produktif, katanya. RM6.86 bilion dan berharap pada pelancaran produk seimbang gabungan 50:50 "Ini bagi memastikan hanya jumlah tersebut mencapai 'United-i Balanced Fund' di ini adalah antara 6.0 dan 9.0 syarikat yang mempunyai RM7 bilion tahun ini. sini semalam. peratus. Kami menjangka nisbah hutang rendah dan Beliau berkata dana ter- Lim berkata pelaburan kira-kira 7.0 peratus atau asas kukuh tersenarai un- baharu yang dilancarkan minimum awal ialah RM 1,000 lebih tinggi dalam tempoh tuk dipilih, menyediakan itu merupakan dana global dan tersedia dalam dolar jangka sederhana bagi dana pelaburan berisiko rendah Syariah pertama syarikat itu AS, pound British, dolar ini," katanya. kepada pelabur dan pulangan bertujuan membantu pelabur Singapura dan kelas saham Katanya United-i Global yang kompetitif," katanya. Malaysia mencapai penda- Renminbi. Fund juga menjangka turun — Bernama