You are here

1MDB scandal spurs biggest funds outflow in 8 months

Wednesday, June 1, 2016 - 05:50
BT_20160601_DN1MDB1_2311019.jpg
The prolonged impact of 1MDB is prompting investors to seek out other markets in South-east Asia, according to Baring Asset Management.

Kuala Lumpur

ONE of the worst global financial scandals is taking its toll on the world's longest bull market run.

Deepening concerns over 1Malaysia Development Bhd, the embattled state investment fund at the centre of probes from Switzerland to Singapore, has spurred the biggest