Top Fund Management Companies in Malaysia

The fund management industry in Malaysia has undergone significant growth and transformation in recent years, making it an increasingly important sector in the country's financial services industry. As of 2022, the industry accounts for 1.5% of Malaysia's GDP and employs over 12,000 people, making up 0.1% of the total workforce in the country. Malaysia has a strong commitment to promoting the growth and development of the fund management industry, with the government introducing several policies and initiatives aimed at promoting the growth of the industry. In this article, we will explore the key statistics, factors contributing to the industry's growth and success, each industry's growth and comparison to previous years, key trends including technological disruptions, challenges, and future outlook of the fund management industry in Malaysia.

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CompanyHeadcountContactDescriptionDecision Maker
ANTLER1,814

QUEST VENTURES53

500 GLOBAL2,001 +65 6340 7200

500 Global is a venture capital firm with over $2.7B in Assets Under Management that invests early in founders building fast-growing technology companies. We focus on markets where technology, innovation, and capital can unlock long-term value and drive economic growth. 500 Global has backed over 5,000 founders representing more than 2,600 companies operating in 80 countries. Our portfolio includes 51 companies valued at over $1 billion and 140 companies valued at over $100 million. Our 140+ plus team members are located in more than 15 countries and bring experience as entrepreneurs, investors, and operators from some of the world’s leading technology companies.

LIGNAR LABS6 +65 6777 5383

A Lignar Engineering venture, Lignar Labs fosters, partners and invests in companies mainly in, but not limited to, the areas of environmental protection, pollution control and energy efficiency, providing guidance from pre-seed to growth.

KEPPEL CAPITAL255 +65 6803 1818

At Keppel Capital, we strive to be the best-in-class asset manager, connecting investors with high quality assets across different sectors to deliver long-term sustainable returns.As the asset management division of the Keppel Group, Keppel Capital is in a unique position to create, operate and manage a wide spectrum of quality real assets, from energy and infrastructure to real estate to alternative asset classes. Committed to our fiduciary role as a protector of capital and creator of value for our investors, we aim to deliver sustainable returns to investors through a range of products including listed REITs and a business trust, as well as private funds, separate accounts and pooled investment vehicles.Managed by an experienced team of over 200 professionals, Keppel Capital has assets under management of S$37 billion across different asset classes in key global markets.Keppel Capital. The Trusted Partner for Our Investors.

AURIC PACIFIC GROUP78 +65 6336 2262

Auric, a Singapore-incorporated investment holding company, is involved in a diverse range of businesses. Our operations are present in Singapore, Malaysia and Hong Kong. OUR BUSINESSConsumer GoodsOur iconic consumer brand - Sunshine Bakeries; is one of the biggest bread manufacturers in Singapore and a leading marketer of nutritious fresh bakery products.Auric Pacific Group LimitedRegistration No. 198802981D

RUTLEDGE GLOBAL131 +65 6515 0050

Building companies with technology, good market-fit and the potential to scale. Rutledge Global is a Singapore-based investment house with a portfolio of operational businesses, venture-build enterprises and technology start-ups at various stages of growth.

CORNERPIECE CAPITAL PARTNERS PTE LTD10 +65 6950 4585

Cornerpiece Capital Partner is an alternative investment specialist licensed by Monetary Authority of Singapore (MAS) with over 50 years combined experience in managing funds in various sectors.We are headquartered in Singapore, with presence in Malaysia, South Korea & China.

DYMON ASIA CAPITAL163 +65 6705 1666

Founded in 2008, Dymon Asia Capital is a leading Asia focused alternative investment management firm based in Singapore. The firm manages strategies across public and private markets in Asia and globally.

MONK'S HILL VENTURES55 +65 6514 0015

Founded in 2014 by entrepreneurs Peng T. Ong and Kuo-Yi Lim, MHV is a venture capital firm investing in early-stage tech companies, primarily pre-Series A and Series A, in Southeast Asia. Backed by institutional investors and family offices worldwide, MHV works with great entrepreneurs to use technology to improve the lives of millions of people in the region.

GOBI PARTNERS99 +60 3-2778 6800

Gobi Partners is the most interconnected Pan-Asian venture capital firm with US$1.5 billion in assets under management (AUM) across North Asia, South Asia, and ASEAN. Headquartered in Kuala Lumpur and Hong Kong, the firm supports entrepreneurs from the early to growth stages and focuses on emerging and underserved markets.Founded in 2002, Gobi has raised 15 funds to date, invested in over 320 startups and nurtured 9 unicorns. Gobi has grown to 15 locations across key markets in Bangkok, Beijing, Guangzhou, Ho Chi Minh City, Hong Kong, Jakarta, Karachi, Kuala Lumpur, Lahore, Manila, Riyadh, Shanghai, Shenzhen, Surabaya and Singapore.As a Participant of the United Nations Global Compact, Gobi Partners is committed to aligning strategies and operations with universal principles on human rights, labour, environment and anti-corruption to ensure long-term value creation and sustainability across our portfolio.

GOLDEN LAND BERHAD41 +60 3-5612 8700

Golden Land Berhad (GLB) is a Malaysian based company engaged in investment holding, cultivation of oil palm and provision of management services to it subsidiaries. GLB is listed in Bursa Malaysia (KLSE) as an investment holding company. The company first commenced operation in oil palm cultivation back in 1986, in the district of Sabah. In 2016, Golden Land Berhad decided to venture into property development. Making use of their nurturing and caring values as planters along with the decades of experience and expertise in running professional companies. We sought to fill this gold with better quality, service and a more caring attitude towards the industry.

MALAYSIA VENTURE CAPITAL MANAGEMENT BERHAD22 +60 3-2109 3000

MAVCAP is Malaysia’s largest Venture Capital fund. Set up in 2001 to help nurture infant ICT companies in the ASEAN region into thriving businesses. MAVCAP invests directly or through its partner funds Gobi Partners, Elixir Capital Management , Intres Capital Partners, 500 Durians, SuperSeed. The funds focus on early to later stage financing for innovation and technology-related growth stage companies in Malaysia and the South-East Asian region.

MBF HOLDINGS BHD54 +60 3-2167 8000

MBf Holdings is a diversified group of companies founded in Malaysia in 1963. The group’s activities have grown and diversified substantially in a range of sectors and regions to embody one of the Asia-Pacific’s leading private conglomerates.The company’s principal business activities span across nine different sectors:- Agribusiness, Water and Trading- Education- Property Development & Management- Automotive- Banking and Financial Services- Retail- Commercial Printing & Engineering- Healthcare- Logistics

PANGOLIN INVESTMENT MANAGEMENT10 +65 6334 4475

Pangolin Investment Management is a specialised fund management company dedicated to investing in Asia with a long-term, value approach. Our investment style is based on fundamental analysis backed by company visits, for which we believe there is no substitute.The firm was established in July 2004 by James Hay. It currently manages the Pangolin Asia Fund

PELABURAN MARA BERHAD70 +60 3-4145 9801

Pelaburan MARA Berhad is a strategic investment and asset management company wholly-owned by Majlis Amanah Rakyat (MARA), a statutory agency of the Government of Malaysia.Established on 24 June 1967, formerly known as Amanah Saham MARA Berhad. PMB Group is principally involved in private equity investments, portfolio fund management, unit trust management, financial services and corporate advisory.Pelaburan MARA strives to create lasting values to our investors, our investee companies and society at large. To this end, we become active investors that transform our investee companies into lasting and sustainable entities and provide superior asset management and financial services to our investors and customers. Our investment portfolio covers a broad spectrum of businesses within the energy, infrastructure real estate and technology sectors.

TECHSTARS3,093 +65 6735 1987

The worldwide network that helps entrepreneurs succeed. We provide access to capital, mentorship, talent, and infrastructure.⬇️ Apply now

TRIPLE P CAPITAL10 +65 8424 8703

Triple P Capital is an expert investor in Southeast Asian non-bank financial services. The firm focuses on high-growth businesses that reach emerging consumers in Indonesia, Philippines, Vietnam, Cambodia and Thailand. Triple P’s team consists of experienced financial services entrepreneurs, operators and investors, who work closely with the firm’s partner businesses to create value. In addition to delivering superior financial returns the firm focuses on promoting financial inclusion.

8I HOLDINGS LIMITED33 +65 6225 8480

With offices in Singapore, Kuala Lumpur and Shanghai, 8I Holdings Limited is an investment holding company focused on investing in public listed companies and private businesses based on the principles of value investing. Through 8VIC Global, it is also one of the leading financial education and training providers in Singapore and Malaysia, supporting participants across Taiwan, Thailand, Myanmar, India, Dubai and Vietnam to build a foundation of value investing knowledge and methodology.✔ Financial Education and Training SeminarsThe Group is the leading financial education provider in Singapore and Malaysia through 8VIC Holdings Ltd (“8VIC”) and 8IH China Pte Ltd (“8IHC), with offices in Singapore, Malaysia, Thailand, Taiwan and Shanghai, supporting a community of value-investors from 29 cities globally. ✔ Financial Asset ManagementThrough Hidden Champions Capital Management Pte Ltd (“HCCM”), the Group operates a licensed fund management business in Singapore, investing in public listed equities in the Asia-Pacific through a focused strategy of investing in value-adding, nimble and scalable growing Hidden Champions that are typically at the forefront of their markets to achieve long-term investment returns. The Group also invests in private businesses with hidden value and good operational track record. As a strategic investor, the goal is to value-add and create synergy amongst 8IH’s business ecosystem. ✔ Financial Technology8Bit Global Pte Ltd (“8Bit”), a joint-venture between the Group and 8VIC, provides smart screening and proprietary investing analysis tools and passive investment products to enable the man-on-the-street to invest smarter, faster and easier.✔ More information: http://www.8iholdings.com/

SBI VEN CAPITAL PTE LTD26 +65 6536 6123

SBI Ven Capital Pte. Ltd. is a leading venture capital firm based in Singapore that invests in financial services and technology sectors across Asia. We have a proven track record of partnering with companies and assembling critical resources needed to grow businesses in Asia. SBI Ven Capital is the overseas venture capital arm of SBI Holdings (Japan) which, in addition to being one of the largest Japanese private equity firm (with AUM in excess of US$4 billion), is a leading global internet-based financial conglomerate. The SBI Group has invested in more than 1,500 companies globally and we leverage this broad platform to further drive the value of our investments.The SBI Groups core businesses include asset management (managing private equity AUM in excess of US$4 billion), financial services, including securities, banking, insurance and biotechnology-related business. As of March 31, 2019, the SBI Group consists of 226 companies (including consolidated partnerships, equity method affiliates and 6 publicly listed companies). SBI currently has overseas offices in more than 21 countries across Asia.

Top Fund Management Companies in Malaysia

Factors Contributing to Growth and Success

The Malaysian government has played a significant role in the growth and success of the fund management industry. The government has introduced several initiatives to promote investment in the industry, including the establishment of the Malaysia Digital Economy Corporation and the Capital Market Masterplan. Additionally, the government has introduced policies to promote the development of a skilled workforce, through initiatives such as the Talent Corporation and the Human Capital Development Fund.

Each Industry's Growth and Comparison to Previous Years

The fund management industry in Malaysia comprises several sub-sectors, including conventional funds, Islamic funds, and private equity. In 2022, the conventional fund sector has shown significant growth, with an increase in assets under management by 6.5% compared to the previous year. The Islamic fund sector has also shown growth, with an increase in assets under management by 3.8% compared to the previous year. However, the private equity sector experienced a decline in assets under management by 0.9% compared to the previous year.

Key Trends Including Technological Disruptions

The fund management industry in Malaysia has been undergoing a transformation through the adoption of new technologies such as digital platforms and artificial intelligence (AI). These technologies can help to improve the efficiency of the investment process, reduce costs, and improve the customer experience. The government has introduced several initiatives to promote the adoption of these technologies, such as the Digital Investment Management Framework and the National Artificial Intelligence Framework.

Challenges

Despite the growth and success of the fund management industry in Malaysia, there are several challenges that the industry faces. One significant challenge is the need for improved transparency and regulatory oversight, particularly in the area of private equity. Additionally, the industry is also facing challenges related to the lack of talent and the need for improved training and development programs.

Future Outlook

The future outlook of the fund management industry in Malaysia remains positive. The government has introduced several initiatives to address the challenges facing the industry, including the development of policies to promote the adoption of new technologies and the establishment of training and development programs to develop a skilled workforce. Additionally, the government has also introduced policies to promote sustainable investment practices, such as the Sustainable and Responsible Investment Roadmap.

Looking forward, the fund management industry in Malaysia is expected to continue to adapt to changing market conditions and embrace new technologies to remain competitive in the global marketplace. The adoption of new technologies such as digital platforms and artificial intelligence, as well as the development of a skilled workforce, are expected to drive further growth and transformation in the industry. Additionally, the promotion of sustainable investment practices and the development of more transparent regulatory frameworks will be important factors in driving the industry's success in the future.

Conclusion

In conclusion, the fund management industry in Malaysia remains a significant contributor to the country's economy, accounting for 1.5% of the GDP and employing over 12,000 people. The government's commitment to promoting the growth and development of the industry, along with the adoption of new technologies and sustainable investment practices, will be critical factors in driving the industry's success in the future. With continued government support and industry innovation, the fund management industry in Malaysia is poised for further growth and transformation in the years ahead.

Furthermore, the increasing popularity of sustainable investment practices, including socially responsible investing (SRI) and environmental, social, and governance (ESG) investing, is a key trend driving the growth of the fund management industry in Malaysia. Investors are increasingly looking for investment opportunities that align with their values and contribute to positive social and environmental outcomes. As such, fund managers are responding by incorporating ESG considerations into their investment strategies, promoting sustainable practices in the companies they invest in, and providing transparent reporting on the impact of their investments.

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By Melissa Goh
Published on 19 May 2023