Page 92 - SC Annual Report 2018 (ENG)

Securities
Commission
Malaysia
ANNUAL
REPORT
2018

Regionally, the FBMKLCI performed relatively well. Meanwhile, in the fund management industry, total
The local bourse performed better than Singapore’s assets under management (AUM) for 2018 stood at
STI, Thailand’s SET and the Philippines’ PCOMP, RM743.6 billion (2017: RM776.2 billion). The unit
which declined by 9.8%, 10.8% and 12.8% trust industry remained the largest source of funds
respectively, but behind Indonesia’s JCI which fell by under management, with net asset value (NAV)
2.5% for the year (Chart 10). In addition, Malaysia amounting to RM426.2 billion in 2018 (2017:
had a more contained outflow of funds compared RM427 billion). Overall, 79.4% of the fund
to its ASEAN-4 counterparts. The outflow of funds management industry’s AUM was invested locally, of
for Malaysia was less severe than Indonesia and which 44.2% was in domestic equities, followed by
Thailand which both recorded net cumulative 28.5% in money market placements and 22.7% in
outflows to a tune of -US$3.7 billion and -US$8.9 fixed income. Compared to 2017, investment in local
billion respectively (Chart 10). equities declined in value by RM36.2 billion whereas
domestic money market placements and fixed
income increased by RM5 billion and RM7 billion
respectively.

82 | PART 4 »» CAPITAL MARKET REVIEW AND OUTLOOK

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