The US Tier- 1 fund managers have expressed confidence with Malaysia's commitment in achieving a balanced budget by 2020 and noted the growing depth in the country's financial market.
They are made up of 14 fund managers, with combined assets under management totalled US$9 trillion (RM29.34 trillion), who met Malaysia's top officials and capital market drivers at the Invest Malaysia-New York institutional investors dialogue in New York, Friday.
The dialogue enable them to gain first-hand insights into Malaysia's position as Asean's leading marketplace to tap into the growth opportunities in the region.
Bursa Malaysia Chief Executive Officer Datuk Tajuddin Atan said the meeting was concluded on a positive note and he believed it would be a turning point for US fund managers to start investing or add their investments in Malaysia.
"Malaysia's economic and market indicators are up and the greater choice of investable companies is becoming more apparent.
"In addition, Malaysia's image as a developed market framework with the growth opportunities of an emerging market is a strong proposition for investors," he said in a statement.
The institutional investors' dialogue was organised by Bursa Malaysia in partnership with Maybank Kim Eng and Credit Suisse.
Prime Minister Datuk Seri Najib Tun Razak led the high-level meeting, which centred on Malaysia's growth strategy and steps taken to transform Malaysia into a developed, inclusive and sustainable economy.
Invest Malaysia-New York 2014 is the third of the four Invest Malaysia roadshows for this year after Invest Malaysia-Kuala Lumpur in June and Invest Malaysia-London (September).
The fourth Invest Malaysia will be held in Hong Kong next month.
-- BERNAMA
They are made up of 14 fund managers, with combined assets under management totalled US$9 trillion (RM29.34 trillion), who met Malaysia's top officials and capital market drivers at the Invest Malaysia-New York institutional investors dialogue in New York, Friday.
The dialogue enable them to gain first-hand insights into Malaysia's position as Asean's leading marketplace to tap into the growth opportunities in the region.
Bursa Malaysia Chief Executive Officer Datuk Tajuddin Atan said the meeting was concluded on a positive note and he believed it would be a turning point for US fund managers to start investing or add their investments in Malaysia.
"Malaysia's economic and market indicators are up and the greater choice of investable companies is becoming more apparent.
"In addition, Malaysia's image as a developed market framework with the growth opportunities of an emerging market is a strong proposition for investors," he said in a statement.
The institutional investors' dialogue was organised by Bursa Malaysia in partnership with Maybank Kim Eng and Credit Suisse.
Prime Minister Datuk Seri Najib Tun Razak led the high-level meeting, which centred on Malaysia's growth strategy and steps taken to transform Malaysia into a developed, inclusive and sustainable economy.
Invest Malaysia-New York 2014 is the third of the four Invest Malaysia roadshows for this year after Invest Malaysia-Kuala Lumpur in June and Invest Malaysia-London (September).
The fourth Invest Malaysia will be held in Hong Kong next month.
-- BERNAMA
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