Market Review November 2024
Risk assets in major markets declined in October 2024, with concerns rising over potential inflation resurgence and a moderating growth outlook. Optimism for additional rate cuts similar on September’s was dampened. The Far East ex-Japan index underperformed against developed markets, with the MSCI Far East ex-Japan Index
SARCOMA Cyber Security Incident
updated as of 22 October 2024 Dear Valued Investors, Kindly be informed that Pheim Unit Trusts Berhad (PUTB) was among many companies around the world that has been affected by the global SARCOMA data-theft attack, first detected in October 2024. SARCOMA group has claimed 36 victims worldwide in October
Market Review October 2024
Risk assets in major markets gained in September 2024, driven by easing monetary policies. The Far East ex-Japan Index outperformed developed markets. Led by Chinese shares, the MSCI Far East ex-Japan Index gained 10.06%, while the MSCI World Index rose by 1.69%. Among Far East ex-Japan markets,
SCAM ALERT – 13 Sep 2024 3 Stock Recomendations By Dr. Tan Chong Koay
Pheim Asset Management Sdn Bhd, Pheim Islamic Asset Management Sdn Bhd and Pheim Unit Trusts Berhad (collectively known as “Pheim”) have been made aware on 13 September 2024 of a suspected scam, actively viral through several social media platforms, including but not limited to Facebook and Whatsapp,
Market Review September 2024
Risk assets in most markets moved higher in August 2024 despite a sharp sell down at the start of the month. The Far East ex-Japan index underperformed vis-a-vis the developed markets. The MSCI Far East ex-Japan Index gained 2.01%, while the MSCI World Index gained 2.51%. Among