Malaysia's Kenanga Investors launches fund targeting new technologies

Photo from Kenanga's website.

Kenanga Investors Berhad, the asset management arm of Malaysian lender Kenanga Investment Bank, has launched a new vehicle — the Frontier Fund — to invest in technology-driven companies.

The new fund aims to invest in equity securities of companies working in new technologies such as the space economy, metaverse, healthcare, fintech, and cybersecurity, where only a few investors have gone before, it said in a statement. These companies should have long-term sustainable growth potential, be on the cusp of initial public offerings (IPOs), or should be developing innovative products and services, the statement added.

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