CAAM opens subsidiary in Malaysia

Crédit Agricole Asset Management (CAAM) has opened a subsidiary in Malaysia, which was established as a foreign fund management company. CAAM Malaysia holds a Capital Markets and Services License allowing it to carry out fund management in the country.

The subsidiary does not offer structured notes issued by Calyon or any other party in Malaysia but does offer structured funds or managed investment portfolios that invest in structured products for institutional investors who require such mandates.

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