Asset management has been going through structural changes with intense competition, the shift to passive funds and lower fees. So why did CVC, one of the largest PE funds, buy a stake in Malaysia's 3rd largest fund managers? We ask Dato' Teng Chee Wai, Managing Director of AHAM Capital that question and also where markets are headed in 2023.

Produced by: Sim Wie Boon

Presented by: Wong Shou Ning

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Categories:  markets,  economy

Tags:  pe funds,  2023 markets,  asset management,  passive funds,  fund managers,