Wong Yew Joe, Chief Investment Officer (CIO) of AmFunds Management Berhad at The Asset Triple A Sustainable Investing Awards for Institutional Investor, ETF and Asset Servicing Providers 2023 ceremony.
Celebrating this win, Dato' Sulaiman Mohd Tahir, Group Chief Executive Officer of AmBank Group said, “We are honoured to receive this award again as it is a recognition that we are providing the most appropriate ETF products for our clients. For the record, we have won this award from year 2016 to year 2020. ETFs are increasingly seen as a viable investment opportunity and are suitable for institutional and retail investors alike as an alternative to conventional investment products”.
With up to RM2 million worth of prizes in the forms of development courses and solutions, this season the programme will be conducted through a combination of both face-to-face and virtual consultations and coaching by industry technical experts, and potential project financing support. The participating companies will also pitch their IR4.0 business strategy to a panel of judges and stand a chance to attend an overseas innovation trip for an exclusive smart automation themed tour led by industry experts. Winners will also receive networking opportunities with business professionals from various industries as well as gain media recognition.
“We are delighted to be recognised as Malaysia’s Best ETF Provider once again. AmInvest is the dominant and largest ETF provider in Malaysia with around RM1.6 billion worth of assets under management (“AUM”) and commands a market share of 77% of the ETF industry’s AUM of RM2.1 billion. Our ETFs reported a 4% growth over a three-year period compared with the industry’s 1% drop during the same period,” added Ms. Goh Wee Peng, Chief Executive Officer of AmFunds Management Berhad.
AmInvest pioneered and manages Malaysia’s first and only bond ETF in the market namely ABF Malaysia Bond Index Fund and the first equity ETF namely FTSE Bursa Malaysia KLCI etf, which were launched in 2005 and 2007 respectively.
ABF Malaysia Bond Index Fund is the largest and only bond ETF in the market, consisting of mainly Malaysian government bonds in its portfolio. It tracks the performance of Markit iBoxx®ABF Malaysia Bond Index. Meanwhile, FTSE Bursa Malaysia KLCI etf is designed to follow the performance of its benchmark index, FTSE Bursa Malaysia KLCI, which comprises Malaysia’s top 30 largest companies in terms of market capitalisation. For more information on ABF Malaysia and FBM KLCI etf, please visit www.abfmy1.com.my and www.fbmklcietf.com.my.
Asset Publishing & Research Limited, the award presenter, is a financial publishing group in Asia-Pacific based in Hong Kong, whose publications are targeted at Asian issuers and global institutional investors.
