Malaysia: Malaysia's equity market outlook remains optimistic, reflected in the strengthening of the ringgit, said global asset management firm, Nomura Asset Management.

According to BERNAMA News Agency, Nomura Asset Management Malaysia Sdn Bhd (NAM Malaysia) director Atsushi Ichii stated that most of the funds under management are denominated in ringgit and are largely supported by ringgit-based investors. He explained that a stronger ringgit translates into a positive tailwind, as it reflects confidence in Malaysia's economy. Improved asset values and potentially lower funding costs could benefit ringgit-denominated funds.

He further noted that despite ongoing market volatility, the overall outlook remains supported by expectations of continued economic growth. NAM Malaysia launched its global multi-theme equity fund to capture structural growth opportunities worldwide. The fund offers Malaysian investors diversified exposure to multiple long-term structural growth themes shaping the global economy. It seeks to achieve long-term capital growth by investing in Nomura Funds Ireland - Global Multi-Theme Equity Fund.