AmInvestment Bank Bhd is Malaysia’s best pension fund manager and best institutional house for the second consecutive year. Organised by Asia Asset Management, an Asian financial publication based in Hong Kong, the awards ceremony will be held in Hong Kong in March.

“Malaysia’s best pension fund manager award recognises AmInvest’s capabilities and expertise in managing domestic pension mandates. The size of these mandates and returns generated against relevant benchmarks are over a three- and five-year period,”  AmInvestment said in a press statement.

According to the bank, for the best institutional house category, asset managers were evaluated on several criteria, including growth of market share, client retention initiatives and new business secured. The award also acknowledges AmInvest’s strong management team in handling institutional mandates, its future business plans and involvement in education programmes. 

AmInvestment CEO Datin Maznah Mahbob said, “Our task has always been to provide investment solutions that cater to the investment needs of our clients and deliver them with the highest level of integrity. To receive these acknowledgements for the second year in a row is a huge honour and a true reflection of the level of dedication of the team who manages institutional client mandates and Private Retirement Scheme (PRS) funds.”

AmInvestment currently has about RM39.1 billion worth of assets under management. The bank is one of eight PRS providers approved by the Securities Commission Malaysia. It manages a total of nine conventional and shariah-compliant PRS funds.