Bosco Signed A Cooperation Agreement With Maybank Asset Management Group To Launch Mutual Fund.

Bostime fund, a wholly owned Affiliated Companies, Boshi Fund (International) Co., Ltd. (known as "Boshi international") announced recently that it had formally signed a cooperation agreement with the wholly owned Affiliated Companies Maybank asset management group of Maybank, the largest bank in Malaysia, and announced the launching of a cross border mutual fund.

according to

Wu Yaodong, President of Boshi fund and Nor'Azamin Salleh, chief executive officer of Maybank asset management group, respectively signed the cooperation agreement in Dubai in October 28th.

Malaysia's current prime minister, Dato'Seri Najib Tun Razak, attended the signing ceremony of the cooperation agreement.

The two sides expressed the expectation of complementary advantages and win-win results for this strategic cooperation.

"Our partner is a leading and influential Asset Management Co in China. The two sides have broad prospects for strategic cooperation.

Able to enter the Chinese market, right

It is of great benefit.

We will build and strengthen our business advantages in key ASEAN markets such as Malaysia, Thailand, Singapore and Indonesia.

We are confident in providing world-class products and asset management services. "

Nor'Azamin Salleh, chief executive officer of Maybank asset management group, said.

Wu Yaodong, President of Boshi fund, said: "ASEAN has become an important factor in world economic growth. With the escalation of the China ASEAN Free Trade Agreement, it will bring huge business opportunities without borders.

Southeast Asia is the first station of the maritime Silk Road in twenty-first Century, and believes that this strategic cooperation will help promote regional economy.

"

During the forum, Boshi international also started a comprehensive cooperation with many financial institutions from all over the world.

In fact, since this year, bosun International's overseas business has been developing very fast.

Bo international cooperation with many countries and regions such as South Korea, Thailand, Malaysia, Singapore and Taiwan, China has made extensive cooperation in managing multiple sovereign funds and various special account products.

Boshi international not only firmly occupies the first mover advantage in the Asia Pacific market, but also widely recognized by European and American investors.

At the same time, Bo Shi international RQFII index ETF issued in Hongkong also attracted market attention.

Bo Shi fund is one of the five fund management companies established in the mainland of China. It is also one of the largest asset management companies in China.

As of September 30, 2014, the total net assets management of the fund was over 2, 13 billion 500 million yuan, of which the public fund assets were over 1 and 098 billion yuan, with a cumulative bonus of more than 63 billion 300 million yuan.

The fund manages a total of 52 open-ended funds, and is entrusted by the National Social Security Fund Council to manage some social security funds and multiple enterprise annuity accounts.

MayBank asset management group is one of the largest Asset Management Co in Malaysia. It has 30 years of professional management experience in Asian capital markets, focusing on Malaysia, Indonesia and Thailand markets.

As of September 30, 2014, the assets of Maybank asset management group amounted to 124 billion ringgit (about $3 billion 600 million).

Its wholly owned shareholder, Maybank, has recently been selected by Bloomberg as one of the 20 most powerful banks in the world and has 2200 branches in 20 Asian countries.