AmInvest has been honoured for Malaysian fund management expertise and has received two acknowledgements as follows:

• Insurance Fund House of the Year, Malaysia for the fourth consecutive year at the Institutional Asset Management Awards 20211
• Asset Management Company of the Year, Malaysia – Highly Commended at The Asset Triple A Sustainable Investing Awards for Institutional Investor, ETF, and Asset Servicing Providers 2021 (“The Asset Triple A Sustainable Investing Awards”)2

“We are honoured to receive these acknowledgements which are a testament of our team’s unwavering commitment to performance excellence, as well as, the continued affirmation and trust our clients and investors have in us in managing their investments. Our dynamic asset allocation strategies which provided the flexibility to switch between aggressive and defensive stances to capitalise on market conditions, coupled with our fund managers’ skills in executing these investment strategies within a stringent risk management framework, were instrumental in helping us to manoeuvre in this challenging environment,” said Ms. Tracy Chen Wee Keng, Chief Executive Officer of AmInvestment Bank Berhad.

The Institutional Asset Management Awards 2021 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.

At The Asset Triple A Sustainable Investing Awards by Asset Publishing & Research Limited, AmInvest was highly commended for having built a comprehensive platform for investing across different asset classes and servicing the needs of institutional, corporate and retail clients. In addition, AmInvest was recognised for consistently achieving above-benchmark performance and setting the tone for innovation and industry practice, including Environmental, Social and Governance (ESG) integration.

AmInvest, which is the brand of the fund management business under AmInvestment Bank Berhad manages total assets worth around MYR48 billion (as at May 2021) encompassing unit trust funds, wholesale funds, institutional mandates, exchange traded funds and private retirement scheme funds. Its fund offerings include both conventional and Shariah-compliant investment solutions, foreign and local investments across all asset classes.

Commenting on the market moving forward, Ms. Goh Wee Peng, Chief Executive of AmInvest, added, “We are more confident of seeing a global economic recovery in the second half of 2021, in line with the progressive pace of developed countries achieving herd immunity. Despite expected short-term volatilities from uneven economic data and inflation concerns, equity markets are expected to see more upside over the medium term, while fixed income markets may still see support from anticipated continuation of low interest rate policies.”

The organisers for the annual awards are based in Hong Kong. InsuranceAsia News provides insights into Asia’s insurance industry. Asset Publishing & Research Limited is a financial publishing group in Asia-Pacific whose publications are targeted at Asian issuers and global institutional investors.

Sources:
1 InsuranceAsia News , May 2021.
2 Asset Publishing & Research Limited, May 2021.