AmInvest Wins Three Awards For Fund Management

ambank
(Image: The Star)
ambank
(Image: The Star)

AmBank’s investment arm, AmInvest, has won a total of three fund management awards at the 11th Fund Management Awards 2020 and the Institutional Asset Management Awards 2020.

At the 11th Fund Management Awards 2020, which is organised by Alpha Southeast Asia, AmInvest was named Malaysia’s Best Overall Asset & Fund Manager for the second consecutive year. Additionally, it was also crowned Malaysia’s Best Asset Manager for Fixed Income Funds.

In winning the two titles, AmInvest was praised for its role as a leading multi-asset fund management company. It was also acclaimed for its commendable processes and performance, including advanced portfolio management and diversification as well as above par risk-adjusted returns.

aminvest

Meanwhile, the Institutional Asset Management Awards 2020 – run by InsuranceAsia News – saw AmInvest bagging the award for Malaysia’s Insurance Fund House of the Year. This is the third consecutive year that AmInvest has won this title, citing its best practices, services, and performance in managing its insurance clients’ assets as the crux of its win.

The group chief executive officer of AMMB Holdings Bhd, Datuk Sulaiman Mohd Tahir, commented that AmInvest has been managing funds for the past 39 years, and that the group is grateful for its investors’ continued trust in its capabilities and expertise.

datuk sulaiman mohd tahir
(Image: The Malaysian Reserve)

The chief executive officer of AmInvest, Goh Wee Peng, also chimed in to say that the group is optimistic about the outlook of the bond market moving forward as monetary policies globally is likely to remain accommodative in the foreseeable future. This is because many economies around the world are slipping into recession following the Covid-19 pandemic, with recovery being gradual. “Credit selection is crucial and we will focus on issuers with strong and sustainable cash flow generating ability,” she said.

Established in 2007, Hong Kong-based Alpha Southeast Asia is a regional institutional investment magazine that is focused on Southeast Asia, with six issues published annually. InsuranceAsia News also operates from Hong Kong, and it offers commentaries, features, and interviews about Asia’s insurance market.

(Source: The Sun Daily, The Edge Markets)

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