Kuala lumpur: Maybank Group Wealth Management's (GWM) total financial assets surpassed RM565 billion as of September 2025, fueled by significant momentum in its Islamic wealth management sector. Maybank Community Financial Services group chief executive officer Syed Ahmad Taufik Albar highlighted that total wealth fees increased by 23.5 percent year-on-year, primarily due to a 32.8 percent growth in investment assets under management.
According to BERNAMA News Agency, Maybank's Islamic Wealth Management forms a core component of the group's long-term strategy, encompassing a comprehensive framework that includes investment, protection, and legacy planning to address the comprehensive needs of its investing clients. Syed Ahmad Taufik noted the steady expansion across Malaysia and the region, driven by strong client adoption and increasing assets. He emphasized the importance of delivering seamless Shariah-compliant wealth solutions as wealth needs become increasingly cross-border and complex.
During the launch of Maybank Asset Management (MAM) Sdn Bhd's MAMG Growth and Income-I Fund, Syed Ahmad Taufik stated that the new feeder fund aims to exceed client expectations by offering solutions tailored to diverse individual needs. The MAMG Growth and Income-I Fund represents a strategic expansion, leveraging the growing adoption of MAM Group's chief investment officer (CIO)-powered investment framework across conventional strategies, implemented through various mandates and partnerships in Singapore and Malaysia.
The fund is based on a high-conviction approach that combines the strategic asset allocation views of Maybank GWM's CIO with the specialist global multi-asset investment capabilities of Schroders, a global investment manager. MAM stated that by integrating global opportunities within MAMG's investment framework, the fund provides investors with an institutional-grade multi-asset strategy designed to capture growth and income across different market cycles. The fund is guided by a common CIO framework but is implemented through tailored approaches and partnerships to meet Shariah requirements.