KUALA LUMPUR (Aug 12): Hong Leong Asset Management Bhd (HLAM) has declared income distributions amounting to RM247.76 million for 15 funds, for the period of Jan 1 to June 30, 2020.

In a statement today, HLAM chief executive officer Hoo See Kheng said notwithstanding the current low interest rate environment, its fund managers have continued to provide a consistent and sustainable distribution yield to unitholders.

"This is the result of our commitment and disciplined approach in our investment philosophy," he said.

Hoo said the firm still sees opportunities in regional equity markets and dividend yields appear to be at attractive levels currently.

"For investors who are looking for higher yielding investments, HLAM's suite of funds provides potential income opportunities across a wide range of regional asset classes.

"Despite the current market concerns, our fund managers are focused on delivering capital growth and income to our unitholders," he said.