SCAM ALERT July 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
Market Review June 2024
Globally, risk assets advanced in May 2024. The Far East ex-Japan index, however, underperformed compared to the developed markets. The MSCI Far East ex-Japan Index increased by 1.48%, whereas the MSCI World Index rose by 4.23%. Within the Far East ex-Japan markets, Taiwan and Hong Kong shares
Market Review May 2024
Globally, risk asset performance in April 2024 was mixed. However, the Far East ex-Japan index outshone developed markets. The MSCI Far East ex-Japan Index rose by 0.84%, whereas the MSCI World Index declined by 3.85%. Among Far East ex-Japan markets, Hong Kong and Chinese shares performed strongly,