Kuala Lumpur-based Aims Asset Management, with USD130 million under management, is considering investing in equity-linked notes in the coming months. "Right now we're trying to weather the storm," said David Watt, managing director, referring to the current slide in equity prices. He said if it makes the jump it would likely be sometime in the next six to 12 months, the decision will depend on the risk return profile of the notes. Watt noted that equity-linked notes could provide an enhanced yield over traditional investments such as cash equity. The equity-linked notes would be referenced to Asian rather than global stocks, said Watt.
Separately, Aims Asset Management is also considering launching an equity hedge fund in the coming months, but Watt said it is just in the conception stage and no timeframe has been established.