AmInvest, the investment division under AmBank Malaysia was awarded Best Overall Asset & Fund Manager, Malaysia for the fourth consecutive year, Best Asset Manager (Fixed Income), Malaysia for the second consecutive year and Best Fund with the Optimal Information Ratio, Malaysia at the Alpha Southeast Asia 12th Annual Fund Management Awards 2021.
Commenting on the wins, Dato’ Sulaiman Mohd Tahir, Group Chief Executive Officer of AmBank Group, said, “Our investment teams’ ability to apply the appropriate investment strategies to quickly respond to market volatility brought on by the Covid-19 pandemic, enabled us to add value to our investors’ portfolios while meeting their immediate needs. We are truly honoured to be recognised for our fund management expertise against this backdrop and would like to thank our clients for staying invested with us as we navigate an unprecedented investment landscape.”
The awards conferred by Alpha Southeast Asia acknowledge AmInvest as a leading multi-asset fund management company that provides among others, solid and transparent investment processes, 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.
Ms. Goh Wee Peng, Chief Executive of AmInvest, added, “AmInvest has been managing funds for 40 years now. Looking ahead, we remain focused on seeking out the best investment opportunities in all market conditions and providing investment solutions to help our investors achieve their investment goals.”
AmInvest’s Assets Under Management (“AUM”) stands at around RM48 billion (as at June 2021) comprising both conventional and Shariah-compliant investment solutions, foreign and local investments across asset classes. Its AUM growth has been on an uptrend throughout the years and has increased by 6% over the past year (as at June 2021).
“The challenging investment environment has seen asset managers looking for ways to diversify their offerings, while AmInvest has continued to strengthen and expand its multi-asset products and strategies. As a result, it now enjoys a position of strength to maximise diversity and create further resiliency,” said Mr. Siddiq Bazarwala, Publisher, Alpha Southeast Asia.
Hong Kong-based Alpha Southeast Asia is a regional institutional investment publication.