Malaysia's Affin Hwang seeks to add $5.5b assets in 3 years

Malaysian investment manager Affin Hwang Asset Management has rebranded to AHAM Asset Management (AHAM Capital), and is aiming for 100 billion ringgits (nearly $22 billion) in assets under administration (AUA) by 2025, it said in a statement. The move follows the completion of its majority sale to Luxembourg-based alternative investment firm CVC Capital Partners.