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HwangDBS enlarges 'Select' funds family.

Business Times (Malaysia)

| April 07, 2011 | COPYRIGHT 1999 Financial Publications Sdn Bhd. (Hide copyright information)Copyright

KUALA LUMPUR: Asian economies remain resilient and are registering decent growth in a low growth and low interest rate environment, HwangDBS Investment Management (HwangDBS IM) said.

Against this backdrop, the company's focus for 2011 will be income-driven, HwangDBS IM chief executive officer and executive director Teng Chee Wai said.

"Basically it means that our core investment portfolio will be in high-dividend yielding equities and equities that could potentially experience high dividend pay out growth," Teng said in a statement in conjuction with the launch of HwangDBS Select Dividend Fund (SDF) recently.

SDF is a new addition to the company's signature …

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