In order to implement its policies, YPB set up PNB as a wholly owned subsidiary. Today, PNB is one of Malaysia’s largest fund management companies, which owns unit trust management companies namely, Amanah Saham Nasional Berhad (ASNB) and Amanah Mutual Berhad (AMB). PNB has grown from strength to strength, with its assets under management (AUM) now reaching RM271 billion, from around RM3.5 billion in 1981.