Principal Launches E-Wallet Investment Solution In Partnership With TNG
Principal Asset Management Bhd (Principal) has launched The Principal e-Cash Fund, a money market fund that is expected to be Malaysia’s premier e-wallet investment solution.
The fund will soon be made available through a partnership with TNG Digital Sdn Bhd, which owns and operates the Touch ‘n Go electronic wallet.
“I am excited about our partnership with Touch ‘n Go – with technology playing an increasingly central role in all aspects of life, this long-term partnership is expected to accelerate the development of eWallet investment solutions for Malaysians. Said Munirah Khairuddin, CEO of Senior Asset Management.
“Meeting the needs of Malaysians regardless of their financial situation, every Malaysian can now start investing and make a habit of investing, saving and spending,” she added.
Prior to this launch, Principal also launched a selection of funds through the Employee Provident Fund (EPF) online investment platform EPF i-Invest to encourage Malaysians to invest digitally for their retirement needs.
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