Manulife Investment Management (M) Bhd had one of its best years at the Refinitiv Lipper Fund Awards 2023. The firm clinched three group awards — Best Equity Group (Malaysia), Best Mixed Assets Group (Islamic) and Best Bond Group (Provident) — and bagged five fund awards.

Manulife wins the most group awards

The last couple of years have been a roller-coaster ride for most fund managers because of global uncertainties. According to Xav Feng, director of Lipper Asia Pacific Research, most funds of various asset classes experienced outflows in 2022, compared with conservative net inflows in 2021.

Money market funds suffered highest outflows in 2022

Under the leadership of its founder and chief strategist Dr Tan Chong Koay, Pheim Asset Management Sdn Bhd took home four awards at the Refinitiv Lipper Fund Awards 2023.

Pheim wins Mixed Asset awards for eighth year in a row

RHB Asset Management Sdn Bhd (RHBAM) swept the awards for Best Bond MYR in the three-, five- and 10-year categories in the Provident universe. Chief investment officer Michael Chang attributes its success to the firm’s structured investment management process.

RHB Asset Management dominates Bond MYR (Provident) space

Maybank Asset Management Sdn Bhd bagged a trophy at the Refinitiv Lipper Fund Awards 2023 through its Maybank Malaysia Income (MMI) fund, which clinched the Best Bond MYR — Malaysia award in the 10-year category.

Maybank bags Bond Fund award

Inter-Pacific Asset Management (IPAM) continues its winning streak. For the second year in a row, the InterPac Dana Safi won the Best Mixed Asset MYR Flexible (Islamic) Fund award for the three-year category.

Inter-Pacific Asset Management wins Best Mixed Asset awards again

Eastspring Investments (EI) Bhd bagged four Refinifiv Lipper Fund 2023 awards for their equity and fixed income funds.The Eastspring Investments Asia Select Income Fund won Best Mixed Asset MYR Balanced - Global (Malaysia) in the 10-year category; the Eastspring Investments Balanced Fund won Best Mixed Asset MYR Balanced - Malaysia (Malaysia) in the three- and 10-year categories; and the Eastspring Investments Islamic Equity Income Fund won Best Equity Malaysia Income (Islamic) in the three-year category.

Eastspring Investments takes home four awards 

Areca Capital Sdn Bhd bagged four awards at the Refinitiv Lipper Fund Awards 2023. This is the sixth year in a row that the fund house has walked away with the Best Equity Malaysia awards in the five- and 10-year categories. It also won the Best Equity Malaysia Income awards in the three- and five-year categories.

Areca Capital on six-year winning streak

Principal Asset Management Bhd clinched five awards in the Asia Pacific ex-Japan space and another award in the Equity Global category at the Refinitiv Lipper Fund Awards 2023.

Principal Asset Management leads in Asia Pacific ex-Japan space

KAF Investment Funds Bhd won five fund awards at the Refinitiv Lipper Funds Awards 2023. It won the Best Equity Malaysia Small & Mid Cap (Provident) and Best Equity Asia Pacific (Malaysia) awards.

KAF Investment Funds shines with five awards

Hong Leong Asset Management Bhd (HLAM) maintained last year’s record, winning 15 fund awards at the Refinitiv Lipper Fund Awards 2023.

HLAM continues winning streak with 15 fund awards

Despite the challenging and volatile market conditions in 2022, Public Mutual Bhd bagged 19 fund awards at the Refinitiv Lipper Fund Awards 2023.

Public Mutual biggest winner with 19 awards

Last year was challenging for most asset classes. For the most part, the key challenge was to keep the investment portfolios defensive while seeking to deliver income targets. The high inflationary pressure and corresponding interest rate hikes scenario were a bad recipe for bonds.

AmInvest takes home Best Bond Group (Malaysia) award

For the second year running, AHAM Asset Management Bhd (previously known as Affin Hwang Asset Management Bhd) has clinched the Best Equity Group (Islamic) award in the Refinitiv Lipper Fund Awards 2023.

AHAM Asset Management retains Islamic group award

Yang di-Pertuan Agong Sultan Ibrahim Sultan Iskandar and Raja Permaisuri Agong Raja Zarith Sofiah will undertake a state visit to Singapore on May 6 and 7, 2024 at the invitation of the republic's President Tharman Shanmugaratnam.

King, Queen to make first overseas state visit to Singapore 

Prime Minister Benjamin Netanyahu's cabinet decided on Sunday to shut down Al Jazeera's operations in Israel for as long as the war in Gaza continues, on the grounds the Qatari television network threatens national security.

Israeli cabinet votes to shut down Al Jazeera's local operations

Sarawak will consult with Attorney General Datuk Ahmad Terrirudin Mohd Salleh to determine the most appropriate term to replace the word "state" in Sarawak State Legislative Assembly, based on the Federal Constitution.

Abang Johari: Sarawak to consult AG on appropriate term to replace ‘state’

Datuk Seri Anwar Ibrahim has urged all implementing agencies, particularly ministries, to prioritise the training of young people on artificial intelligence (AI) so that the country does not fall behind in this field.

PM wants AI, TVET-related training ramped up for country’s youth

The Ministry of Home Affairs (KDN) is currently formulating a strategy to enhance use of technology, particularly artificial intelligence (AI), for stricter border control measures.

Home Ministry looking to employ AI tech to tighten border control, says Saifuddin

The Perak government has agreed to supply water to Penang through the Kerian Integrated Green Industrial Park to Seberang Perai.

Perak has agreed to supply water to Penang, says Anwar

Prime Minister Datuk Seri Anwar Ibrahim described foreign media reports regarding fuel subsidy cuts as unethical, and said that no final decision had been made at the Cabinet level regarding the issue.

Anwar lambasts foreign media over reports on fuel subsidy cut

The UK’s Labour Party is set to impose value-added tax (VAT) on boarding fees as well as private education in the country if it wins the next election, Financial Times (FT) reported, citing party insiders.

UK’s Labour to impose VAT on boarding fees, private education — FT

Kedah Menteri Besar Datuk Seri Muhammad Sanusi Md Nor apologised to Prime Minister Datuk Seri Anwar Ibrahim and Cabinet ministers who attended the state-level Madani Aidilfitri celebration on Saturday night.

Kedah MB apologises to Anwar, Cabinet over ‘inappropriate remarks’

The federal government has agreed in principle to proposals to convert agricultural land within the Muda Agricultural Development Authority (Mada) area for industrial and commercial development.

Anwar says nod given to conversion of Mada land for industrial, commercial development 