Thursday, November 29, 2012

CIMB Wealth Advisors Expects AUM To Hit RM7 Billion Next Year

PETALING JAYA, Nov 28 (Bernama) -- CIMB Wealth Advisors Bhd (CWA) expects its asset under management (AUM) to breach RM7 billion by the end of next year, from the current RM6.1 billion.

Source from (Bernama): http://www.bernama.com/bernama/v6/newsbusiness.php?id=712205
Published: November 29, 2012

Acting Chief Executive Officer Munirah Khairuddin said the growth will be supported by robust subscription growth of all its investment products.

"We also aim to grow our business by 40 per cent and increase our agency force to 7,000 consultants, from the current 5,000, by the end of 2013," she told reporters after the introduction of Private Retirement Scheme (PRS) to Small and Medium Enterprises (SMEs) by CWA here Wednesday.

It was officiated by CIMB Group Chief Executive, Datuk Seri Nazir Tun Razak.

CWA is a member of CIMB-Principal Asset Management Bhd, which manages assets worth about RM36 billion.

-- BERNAMA

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