Digital Investment Managers
In 2017 to advance the digital agenda in the capital market, SC introduced the digital asset management license. Given that Malaysia has a strong fund management sector this introduction of the DIM license was a natural evolution.
- Digital Investment Management (DIM) incorporates innovative technologies into the fund management business, to allow offering of automated discretionary portfolio management services to investors
- In 2017, the Securities Commission Malaysia introduced a regulatory framework for DIM
- Digital investment managers can replicate many of the activities performed by traditional fund managers through online access
- Investors risk appetite will be assessed and evaluated either by online questionnaires or other online methods. Based on the investor’s input, an appropriate investment portfolio is assigned, and the digital investment manager will then conduct automated rebalancing and reallocation during the management period