HwangDBS IM sharpens wealth-management focus

Like a number of other Malaysian fund houses and product distributors, HwangDBS Investment Management is sharpening its focus on the domestic wealthy-investor segment. This is a trend also emerging in other Southeast Asian countries such as the Philippines and Thailand, as they see more potential growth in the retail business than on the institutional side. HwangDBS IM is not looking to compete with the onshore retail banks in Malaysia or the offshore private banks, but aiming f…