AmInvest was named Malaysia’s Best Overall Asset & Fund Manager for the second consecutive year and Malaysia’s Best Asset Manager for Fixed Income Funds at the 11th Fund Management Awards 2020 (“Alpha Southeast Asia Awards”).
They also bagged the Malaysia’s Insurance Fund House of the Year for the third consecutive year at the Institutional Asset Management Awards 2020 (“Institutional Asset Management Awards”).
In a statement, Sulaiman Mohd Tahir, Group Chief Executive Officer, AmBank Group, said they are truly honoured to receive these acknowledgements and to be recognised as a standout within the fund management industry.
“AmInvest has been managing funds for the past 39 years and we are grateful for the continued trust our investors have in our capabilities and expertise,” Sulaiman said.
At the Alpha Southeast Asia Awards, AmInvest was lauded as a leading multi-asset fund management company for its solid and transparent investment process, secured risk management, proper investment accounting systems, quality investment research, advanced portfolio management and diversification, above par risk-adjusted returns, and overall long-term outstanding fund performance.
The Institutional Asset Management Awards by InsuranceAsia News acknowledge the exceptional work done by third party asset managers on behalf of their insurance company clients across the Asia Pacific region.
Under the Malaysia Insurance Fund House of the Year category, AmInvest was singled out for its best practices, services and performance in managing its insurance clients’ assets.
“Globally, many economies are slipping into recession and recovery emerging from ongoing concerns regarding the Covid-19 pandemic will be gradual,” commented Goh Wee Peng, Chief Executive Officer of AmInvest.
Goh also said that they expect monetary policies globally to remain very accommodative in the foreseeable future.
“Coupled with ample liquidity, we are optimistic about the outlook of the bond market. Credit selection is crucial and we will focus on issuers with strong and sustainable cash flow generating ability,” he said.
Hong Kong-based Alpha Southeast Asia is a regional institutional investment publication. InsuranceAsia News, which also operates from Hong Kong, provides insights into Asia’s insurance industry.