AmInvest is the Biggest Winner InMalaysian Fund Management Expertise
AmInvest has scooped up seven fund management awards, namely, Best Pension Fund Manager (for the 5th consecutive year), Best Bond Manager (for the 3rd consecutive year), Best Sukuk Manager (for the 2nd consecutive year), Best ESG Engagement Initiative (for the 2nd consecutive year), Best Institutional House and Islamic Institutional House of the Year for Malaysia awards at Asia Asset Management’s Best of the Best Awards 2023 (“Awards”).1 AmInvest also scored a fund performance award for AmAsia Pacific REITs (Real Estate Investment Trusts), winning the Asian REITs 5-year performance award.
The accolades make AmInvest the recipient of the largest number of awards received by a Malaysian fund house. The Awards recognise the most outstanding fund management players for their excellence in managing investments in the Asia-Pacific region.1
Commenting on the wins, Dato’ Sulaiman Mohd Tahir, Group Chief Executive Officer of AmBank Group, said, “To receive these acknowledgements is a huge honour for us as it is a testament to our more than 40 years’ experience in managing funds and highlights the expertise and the capabilities of our people.”
As Malaysia’s Best Pension Fund Manager, AmInvest was commended for registering the best returns for its domestic pension mandates and its Private Retirement Scheme (“AmPRS”) funds against relevant benchmarks. AmInvest offers one of the most diverse ranges of retirement solutions in the market for Malaysian investors to choose from according to their respective retirement needs, goals and risk tolerances. The fund management house is also the only PRS Provider in the country to offer conventional bond and Shariah-compliant sukuk fund offerings, i.e., AmPRS-Tactical Bond and AmPRS-Dynamic# Sukuk.
The Best Institutional House and the Islamic Institutional House of the Year, Malaysia awards recognise AmInvest for performance on client retention, new business won, stability of the senior management team, new initiatives, thought leadership and growth of institutional assets over three years; in the conventional and Islamic spaces respectively.1
In addition, AmInvest was lauded for its best investment and research process, navigation of the local market conditions, value-add to clients and performance and size of its bond and sukuk assets over one-year and three-year periods under the Best Bond Manager and Best Sukuk Manager awards categories.1
“Our team’s ability to apply appropriate investment strategies to capitalise on the best investment opportunities was instrumental in cushioning the impact to our investors’ investment portfolios during the volatile market conditions throughout 2022. We would like to express our gratitude to our investors for their continued trust in our capabilities to be their investment partner of choice,” said Ms. Goh Wee Peng, Chief Executive Officer of AmInvest.
Asia Asset Management is a publication based in Hong Kong which provides news on the Asian asset management industry.1
Sources & Notes:
#The word “Dynamic” refers to the Target Fund’s investment strategy, which is active management, not a buy-and-hold strategy.
1 Asia Asset Management, February 2023.