A year of triple black swan events is how Gan Eng Peng, senior director at Affin Hwang Asset Management Bhd, depicts 2020. They were the Covid-19 pandemic, the collapse of the Pakatan Harapan government and crude oil prices falling into negative territory — the first time in history.

Resilience in a year of black swan events

An unwavering bottom-up, fundamentals-driven and structured team-based approach helped UOB Asset Management (M) Bhd win three awards at the Refinitiv Lipper Fund Awards 2021. The awards are the Best Mixed Asset MYR Conservative (won by United Income Plus Fund) and Best Equity Asean (Malaysia) (wo...

UOB Asset Management takes home three awards

At the start of 2020, when global markets were not looking too good, the thinking then among many fund managers was that it would be tough to bring in returns that matched those of previous years.

Indeed, when the global markets crashed in March as the Covid-19 pandemic heightened and w...

Winners List

Areca Capital Sdn Bhd bagged four awards at the Refinitiv Lipper Fund Awards 2021. This was the fourth time in a row that the fund house was taking home the awards for Best Equity Malaysia in the three-, five- and 10-year categories. It also achieved a first by clinching the award for Best Equity...

Areca continues winning streak

Public Mutual Bhd dominated the Refinitiv Lipper Fund Awards 2021, bagging three group and 31 individual awards — the greatest number of awards won by a fund management company — retaining its winning streak for three years running.

The fund house clinched the Best Equity Malaysia, Best...

Public Mutual biggest winner with 34 awards

“Greater prudence from fund managers globally, combined with increased regulatory oversight in emerging markets, will help mitigate the...

A year of unprecedented challenges and resilience

KAF Investment Funds Bhd (KAF) emerged as a winner at this year’s Refinitiv Lipper Fund Awards with three winning funds.

KAF Bond won the Best Bond MYR (Malaysia) award in the 10-year category, while KAF Jade won the award for the Best Equity Asia Pacific (Malaysia) in the three-year ca...

KAF Investment Funds bags three awards

The awards methodology and guidelines for the Refinitiv Lipper Fund Awards are provided below:

General methodology

Criteria (cumulative)


	    Funds registered for sale in the respective country as at the end o...

Awards methodology

Pheim Asset Management Sdn Bhd took home six awards at this year’s Refinitiv Lipper Fund Awards. For the sixth consecutive year, Dana Makmur Pheim swept the award for Best Mixed Asset MYR Balanced (Islamic) in the 10-year category. The fund also took home the award for Best Mixed Asset MYR Balanc...

Pheim Asset Management garners six awards 

RHB Asset Management Sdn Bhd’s RHB Thematic Growth Fund won the award for Best Mixed Asset MYR Flexible (Provident) in the three-year category at the Refinitiv Lipper Fund Awards 2021. It was the first Refinitiv Lipper award for the fund, which invests in securities of Malaysian companies that be...

RHB’s fund wins first Refinitiv Lipper award

Principal Asset Management Bhd ­(formerly known as CIMB-Principal Asset Management Bhd) took home an individual fund award at the Refinitiv Lipper Fund Awards 2021.

The fund management firm rode through an unprecedented year of Covid-19-enforced economic lockdowns to bag an award in the...

Principal Asset Management wins one award

Affin Hwang Asset Management Bhd (AHAM) won four awards at the Refinitiv Lipper Fund Awards 2021. For the fourth year running, its Affin Hwang Select Opportunity Fund won the award for Best Equity Malaysia Diversified (Provident) in the 10-year category. 

Other funds in the limelig...

Affin Hwang bags four awards 

AmanahRaya Investment Management Sdn Bhd (ARIM) took home four fund awards at this year’s Refinitiv Lipper Fund Awards. AmanahRaya Unit Trust snagged the awards for Best Bond (MYR) in the three- and five-year categories while AmanahRaya Syariah Trust won the awards for Best Bond MYR (Islamic) in ...

AmanahRaya Investment Management wins four awards

Maybank Asset Management Sdn Bhd once again landed a winning spot at the Refinitiv Lipper Fund Awards 2021, with two fund awards this year.

Maybank Malaysia Income (MMI) took home the award for Best Bond MYR (Provident) in the 10-year category, with a return of 116.77% over the period. ...

Two awards for Maybank Asset Management

Digital Nasional Bhd (DNB), the operator of Malaysia’s 5G telecommunications assets, said the process in relation to the subscription of its shares by five mobile network operators (MNOs) in this country is ongoing.

DNB says process relating to subscription of its shares by five mobile network operators ongoing

Approved road transport logistics companies will obtain “fleet cards” from select fuel retailers to purchase subsidised fuel under the diesel subsidy rationalisation programme, the Ministry of Finance (MOF) said.

Approved logistics players to get diesel fleet cards amid subsidy rationalisation

PKR Information chief Fahmi Fadzil said no specific names were discussed regarding the leadership of the Sabah PKR State Leadership Council (MPN) at a special meeting with Prime Minister Datuk Seri Anwar Ibrahim on Saturday.

No specific names discussed for Sabah PKR State Leadership Council head, says Fahmi

Efforts to reform the Bretton Woods institutions – the International Monetary Fund and the World Bank – are progressing, albeit slowly. In December, the IMF Board of Governors approved a 50% increase in member quotas, which will reduce its reliance on borrowed resources, and the World Bank has re...

The Frontiers Of Growth : How to Govern the Bretton Woods Institutions Better

A highly anticipated Bitcoin software update called the “halving” has been completed, dealing a potential blow to the companies that make money by ensuring that the digital currency functions smoothly and securely.

Bitcoin ‘halving’ cuts supply of new tokens in threat to miners

A Philippine freight railway project may be built with the support of the US and Japan, an official in charge of it said, as Manila seeks alternative financing deals after dropping funding talks with China.

Philippines wants US, Japan to take over rail deal eyed by China

The World Bank on Friday said that 11 countries have pledged to contribute over US$11 billion (RM52.62 billion) to new hybrid capital and portfolio guarantee instruments designed to expand the bank's financing capacity by US$70 billion over a decade to tackle climate change, pandemics and other global challenges.

World Bank wins US$11b in pledges to boost lending for climate, global crises

Shareholders of the International Monetary Fund (IMF) agreed this week on the importance of addressing challenges faced by low-income countries, many of which are facing unsustainable debt burdens, IMF Managing Director Kristalina Georgieva said on Friday.

IMF concerned about debt, fiscal challenges facing low-income countries

The ringgit is likely to trade in the same range of around 4.78 against the US dollar next week, as the situation in the Middle East will continue to be under scrutiny by investors, said an analyst.

Ringgit likely to trade around 4.78 versus greenback next week

Attention this week will be on the March inflation rate, with the Department of Statistics Malaysia (DOSM) slated to put out Consumer Price Index (CPI) — the key gauge for inflation — data on Thursday.

Inflation edged up by a higher-than-expected 1.8% i...

The Week Ahead: Eyes on March inflation, US 1Q GDP and tech earnings

Former inspector general of police Tun Mohammed Hanif Omar died at 2.15am on Saturday. He was 85.

Former IGP Tun Hanif Omar passes away

The long-awaited Energy Exchange Malaysia (Enegem) has finally been introduced, along with guidelines on cross-border electricity sales announced by the Ministry of Energy Transition and Water Transformation (Petra) last Monday for exports of green electricity from Malaysia to Singapore and Thailand.

Enegem: Malaysia edges closer to RE exports

Attention this week will be on the March inflation rate, with the Department of Statistics Malaysia (DOSM) slated to put out Consumer Price Index (CPI) — the key gauge for inflation — data on Thursday.

Inflation edged up by a higher-than-expected 1.8% i...

Israel's apparent strike on Iran after days of vacillation was small and appeared calibrated to dial back risks of a major war, even if the sheer fact it happened at all shattered a taboo of direct attacks that Tehran broke days earlier.

Prime Minister Benjamin Netanyahu's war cabinet had initially approved plans for a strike on Monday night inside Iranian territory to respond forcefully to last Saturday's missile and drones from Iran, but held back at the last-minute, three sources with knowledge of the situation said.

Israel's Iran attack carefully calibrated after internal splits, US pressure

A Philippine freight railway project may be built with the support of the US and Japan, an official in charge of it said, as Manila seeks alternative financing deals after dropping funding talks with China.

A highly anticipated Bitcoin software update called the “halving” has been completed, dealing a potential blow to the companies that make money by ensuring that the digital currency functions smoothly and securely.

The Bank of Japan (BOJ) must tread cautiously in raising interest rates, as some indicators of inflation expectations remain short of its 2% target, the International Monetary Fund's Japan mission chief Nada Choueiri said on Friday.

IMF urges Bank of Japan to tread cautiously in raising interest rates