Amova Asset Management

All of the main indices are being called, uh, modestly lower at the open.

open.Well, I'm delighted to say that we have, uh, Naomi Fink with us, who is Chief Global Strategist and Chief Economist at Amova Asset Management.

Naomi, lovely to see you.

Thank you so much indeed, and it's lovely to see you here in Europe as well.

Um, thank you, Naomi, for joining us.

It's been a real pleasure speaking to you today, and I know you're very busy, so thank you very much indeed for joining Ian myself.

Naomi Fink, who is the chief global strategist and chief economist at Amova Asset Management.

Well, coming up on the show, chaos in France with public burnings, buildings burned to the ground and thousands arrested as protests turn violent.

Up for another, we're taking a look at some developments here in Malaysia.

Uh, earlier this year in June, Amova Asset Management completed its acquisition of AHAM Capital, AHAM Asset Management increasing its stake to almost 98% and marking one of the largest transactions, particularly for independent asset manager in the industry.

The deal gives the Japanese fund manager, formerly known as Nikko Asset Management, control of a business with more than 100 billion ringgit in assets under administration.

So with Amova President and CEO Stefanie Drews in town today, uh, we've got her on the line to discuss why AHAM w- was the right fit for Amova, the role it will play in the group's broader Asia strategy, and whether clients should eventually expect the AHAM brand to become Amova Asset Management's.

Stefanie Drews, President and CEO of Amova Asset Management, is in KL and joins us on the line now.

Good morning, Stefanie.

Can you hear us?

Good morning.

We'll be speaking with Eric Kor.

He is the Senior Portfolio Manager at Amova Asset Management.

Eric, thank you so much for joining us.

Right, so the benchmark CSI 300 is down almost 10% year-to-date.

And the new ideas have generally been coming from outside of tech.

Eric, thank you so much for your time this morning.

That was Eric Kaur, Senior Portfolio Manager at Amova Asset Management.

Stick around because up next, after the 9.30am news, we have People Planet Profit.