BOS Wealth Management Malaysia Berhad (BOSWM) is broadening its market presence in Malaysia through a new partnership with OCBC Bank (Malaysia) Berhad (OCBC Bank). This strategic alliance aims to create an open architecture investment products platform, providing Malaysians with enhanced access to a diverse range of investment options.
The collaboration will see OCBC Bank distributing a range of fixed income funds starting this month. These funds will offer institutional-quality opportunities in government bonds, investment-grade corporate bonds, and high-yield bonds, with more funds to be introduced over time. This initiative highlights the OCBC Group's "One Group" strategy, which focuses on delivering a seamless customer experience through enhanced cooperation across its subsidiaries.
En Najmuddin Mohd Lutfi, Chief Executive Officer of BOSWM, emphasised the firm's commitment to addressing the specific needs of OCBC Bank's wealth management clients. "Our open architecture platform provides a broad selection of sustainability and Shariah-compliant investment options for both individuals and corporations. We are confident that OCBC Malaysia's customers will appreciate the offerings," he stated.
Ms Anne Leh, Managing Director & Head of Consumer Financial Services at OCBC Bank, expressed enthusiasm about the partnership. "This collaboration transcends a simple developer-distributor relationship. It embodies a seamless integration where both entities work together to make sustainable investments accessible to a much larger audience. We believe our customers will quickly embrace the innovative solutions we offer," she said.
The new BOSWM funds will be available through OCBC Malaysia's branch network.
