ASB posts strong performance due to asset allocation, diversification strategies

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ASB posts strong performance due to asset allocation, diversification strategies
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The couple quietly welcomed their baby, four months after Suki Waterhouse announced during a Mexico City concert that she was a mother-to-be.

KUALA LUMPUR: Amanah Saham Bumiputera has recorded a strong performance, resulting from asset allocation and diversification strategies, said Permodalan Nasional Bhd .

PNB president and group chief executive Ahmad Zulqarnain Onn said a number of landmark transactions were carried out to enhance value for unitholders. Meanwhile, following the launch of the ASN Sukuk fund in November 2022, PNB has seen healthy demand from unitholders, with more than one billion units sold since its launch."As we move into a new year and charting new opportunities, we will continue with our investment strategies and remaining steadfast in our commitment to deliver our mandate,” said Ahmad Zulqarnain.

Among the initiatives include offering Auto Labur, a recurring investment function on myASNB app , to boost savings habits and promoting the ASNB Academy, a financial literacy tool accessible for all Malaysians, which serves as a knowledge hub and reference centre on investment and financial planning.

Additionally, it said transactions for ASB at ASNB branches and agents, including all online channels and internet banking, would be suspended temporarily from Dec 22 to 25, 2023.

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