Winners list

Group Award Winners
Duration: 3 Years

Winners list

Xav Feng, director of LSEG Lipper Asia Pacific Research, says 2024 was a good year for fund managers underpinned by the artificial intelligence (AI) trend and lowering of interest rates by the US Federal Reserve. But this year could be a rough one for the Asian markets due to US President Donald Trump’s trade and tariff policies.

A year of upward momentum

Public Mutual Bhd turned out to be the big winner at the LSEG Lipper Fund Awards 2025, clinching 28 individual awards and two group awards in the Best Bond Group (Malaysia) and Best Mixed Assets (Malaysia) categories.

Public Mutual dominates with 28 awards

Criteria (Cumulative)


	Funds registered for sale in the respective country as of the end of the calendar year of the respective evaluation year.
	At least 36 months of performance history as of the end of the calendar ...

LSEG Lipper Fund Awards Methodology 2025

KAF Investment Funds Bhd continues its winning streak to win the Best Equity (Provident) Group Award and eight individual awards.

KAF maintains its momentum of victories

Principal Asset Management Bhd outperformed its previous record at the LSEG Lipper Fund Awards 2025, winning nine awards including one for Best Islamic Mixed Assets Group. This is the highest number of awards that the asset management firm has clinched in the last five years, since its ownership was realigned and the firm was renamed in 2019.

Principal’s biggest win in recent years

After years of disappointing performance, it finally felt like there was light at the end of the tunnel in 2024, says Tan Gan Leong, head of investments at KAF Investment Funds Bhd. Several award-winning fund managers share the sentiment, heaving a sigh of relief as the Malaysian stock market came roaring back last year, all while being cognisant that 2025 is a year fraught with uncertainties.

A banner year for fund managers

Manulife Investment Management (M) Bhd won one group and six fund awards at the LSEG Lipper Fund Awards 2025, thanks to its ability to respond to market cycles and economic conditions, says Manulife CEO Jason Chong.

Manulife adopts well-diversified strategy

Maybank Asset Management (MAM) Sdn Bhd has once again demonstrated its investment prowess, securing one group award and six individual awards at the prestigious LSEG Lipper Fund Awards 2025.

Maybank Asset Management’s strategic bets pay off

TA Investment Management Bhd (TAIM) takes home the Best Equity (Malaysia) Group Award, the first time since 2004, according to its official website.

TA Investment Management wins its first group award in two decades

RHB Asset Management Sdn Bhd and its wholly owned subsidiary RHB Islamic International Asset Management Bhd won 10 individual awards in the bond, equity and mixed asset space across three universes.

RHB Asset Management secures wins across bond, equity and mixed asset categories

PMB Investment Bhd, a wholly owned subsidiary of Pelaburan Mara Bhd, won big as five of its funds took home a total of nine awards at the LSEG Lipper Fund Awards 2025, making it one of the biggest individual award winners this year.

PMB Investment bags nine individual awards

Kenanga Investors Bhd, a subsidiary of Kenanga Investment Bank Bhd, took home a total of five awards at the LSEG Lipper Fund Awards 2025. It has been a constant winner in the Mixed Asset category in the past five years.

Kenanga Investors clinches five individual awards

The AmDynamic Bond won the award for best Bond MYR fund over 10 years in the provident universe and the AmDynamic Sukuk Class A won the award for best Bond MYR fund over three years in the Islamic universe.

AmFunds wins two awards in the bond category

KUALA LUMPUR (Oct 9): Here is a brief recap of some business news and corporate annoucements that made the headlines on Thursday:

SD Guthrie Bhd (KL:SDG) has resolved its five-year legal dispute with the Penang Development Corporation (PDC) involving the compulsory acquisition of...

SD Guthrie, DNeX, Batu Kawan, MKH, MISC, Exsim Hospitality, GDB, Cyberjaya Education, Life Water, MTAG, UWC & Al-‘Aqar Healthcare REIT

Emotions ran high in the Coroner’s Court here on Thursday as the cheerful voice of the late Zara Qairina Mahathir, speaking affectionately to her mother, echoed through the courtroom during the inquest into the Form One student’s death.

Mother chokes up as Zara Qairina’s ‘voice’ fills courtroom during inquest

The US government is suspending Microsoft, Adobe and several large IT firms from a programme that allows skilled foreign workers to gain permanent residency, senior US officials announced on Thursday, citing alleged fraud, and as part of an effort to push companies to hire more Americans.

US suspends Microsoft, major IT firms from key green card programme

Malaysian Green Technology and Climate Change Corporation (MGTC) has proposed reinstating rebates on interest or profit rates, as well as financial support for solar projects, under the upcoming Green Technology Financing Scheme (GTFS) 6.0 for Budget 2027.

MGTC proposes rebate and financial support for solar for Budget 2027

All educational institutions under the Education Ministry (MOE) in areas recording air pollutant index (API) readings above 180, based on Department of Environment (DOE) readings, must be closed from Friday, Oct 9, amid the haze currently affecting the country.

Education minister announces school closures in four states, KL, Putrajaya and Rompin due to haze 

Fitters Diversified Bhd (KL:FITTERS) is proposing to sell its wholly-owned palm oil unit to raise cash for redeployment into other core divisions.

Fitters Diversified eyes sale of palm oil unit to redeploy funds into core businesses

American Airlines Group Inc plans to extend Elon Musk’s Starlink satellite internet service to more than 1,000 mainline aircraft, as US carriers compete to offer faster in-flight WiFi.

American Airlines to expand Starlink WiFi across entire fleet

OpenAI opened ChatGPT advertising to Malaysian businesses on Sept 23, signalling a new channel for reaching customers. But with policies generally prohibiting financial services ads outside the US, local financial services providers are largely locked out of buying visibility.

Commentary: Who wins when customers turn to AI search?

Asian countries are racing to raise their oil stockpiling capacity, complete a regional power grid and speed up renewables in response to supply risks laid bare by the Iran war.

Asia races to stockpile oil, speed up renewables in response to Iran war

US wholesale inventories increased less than initially thought in August as strong demand boosted sales, government data showed on Thursday.

US August wholesale inventories revised lower

All educational institutions under the Education Ministry (MOE) in areas recording air pollutant index (API) readings above 180, based on Department of Environment (DOE) readings, must be closed from Friday, Oct 9, amid the haze currently affecting the country.

Dagang NeXchange Bhd (KL:DNEX) has reached a global settlement with its Chinese partner Tethystronics Technologies Co Ltd (TTCL) over disputes involving semiconductor foundry SilTerra Malaysia Sdn Bhd, paving the way for a RM100 million investment in DNeX’s semiconductor holding company.&nbsp;

DNeX settles with partner Tethystronics over SilTerra dispute

SoftBank Group Corp, Grab Holdings Ltd, and Petroleum Sarawak Bhd (Petros) have entered into a framework agreement to explore developing an artificial intelligence (AI) and digital infrastructure platform in Sarawak.

SoftBank, Grab and Petros ink pact to explore development of AI and ecosystem infrastructure in Sarawak

Lion Industries Corp Bhd (KL:LIONIND) said on Thursday its independent auditor has issued an unqualified audit opinion with a material uncertainty related to the group’s ability as a going concern.

Auditor flags uncertainty on Lion Industries' ability to continue as going concern

GDB Holdings Bhd (KL:GDB) is expanding its construction business through the proposed acquisition of two companies, while diversifying into property development to broaden its earnings base.

GDB buys two construction firms for RM82 mil, expands into property development

SD Guthrie Bhd (formerly Sime Darby Plantation Bhd) has resolved its five-year legal dispute with the Penang Development Corporation (PDC) involving the compulsory acquisition of the group's lands in Byram Estate, Seberang Perai Selatan, following a settlement between the entities.

SD Guthrie obtains additional RM68.01m in land acquisition settlement with PDC

KUALA LUMPUR (Oct 9): Here is a brief recap of some business news and corporate annoucements that made the headlines on Thursday:

SD Guthrie Bhd (KL:SDG) has resolved its five-year legal dispute with the Penang Development Corporation (PDC) involving the compulsory acquisition of...

UWC Bhd (KL:UWC) has dropped its plan to use part of the proceeds of its newly proposed RM384.13 million private placement to pay off borrowings, choosing instead to redirect the amount towards factory expansion and working capital.

UWC drops debt repayment plan in proposed RM384 mil placement to focus on expansion, operations

Batu Kawan Bhd’s (KL:BKAWAN) unconditional mandatory takeover offer for MKH Bhd (KL:MKH) closed on Thursday with the group's stake in the property developer rising to 96.73%.

Batu Kawan's stake in MKH rises to 96.73% at close of takeover offer

The Public Service Department will consider any decision made by the Attorney General’s Chambers (AGC) regarding the incident involving Malaysian&nbsp;Border Control and Protection Agency (AKPS) director general Datuk Seri Mohd Shuhaily Mohd Zain at Terminal 1 of Kuala Lumpur International Airport (KLIA).

AGC to determine further action in border control director general's case — Public Service Dept

Johor-based bus operator Hi Mobility Bhd (KL:HI) has received a letter of intent (LOI) from the Land Public Transport Agency (APAD) to operate the Stage Bus Service Transformation (SBST) programme in Johor Bahru for about four years.

Hi Mobility gets letter of intent to run JB bus network  

Printing and labelling firm MTAG Group Bhd (KL:MTAG)&nbsp;is proposing to acquire two label manufacturers for an indicative RM13.8 million in cash to expand its product offerings and customer base.

Printing firm MTAG proposes RM13.8 mil cash acquisition of two label makers

Exsim Hospitality Bhd (KL:EXSIMHB) has secured a RM15.6 million subcontract from a unit of Nestcon Bhd (KL:NESTCON) for the supply and installation of building services and general building works.

Exsim Hospitality secures RM15.6m building works contract from Nestcon unit

Prime Minister Datuk Seri Anwar Ibrahim is expected to announce good news regarding an initiative to make the KTM Komuter southern shuttle service more affordable during the tabling of the Budget 2027 in the Dewan Rakyat on Friday.

PM to announce ‘good news’ on KTM Komuter southern shuttle Friday — Loke

Asian countries are racing to raise their oil stockpiling capacity, complete a regional power grid and speed up renewables in response to supply risks laid bare by the Iran war.

Tata Consultancy Services Ltd (TCS) reported quarterly profit that topped analysts’ estimates, helped by cost-cutting measures and a gradually improving contract flow that helped drive growth at Asia’s largest IT services provider.

TCS profit beats estimates as IT deals start trickling in

The operator of the eJamin system started talks with the government to finalise a contract in February 2025, about five years after it started running the electronic bail processing system for the courts.

eJamin operator started contract talks with govt in 2025, five years after system launch

US stocks edged lower on Thursday as soaring oil prices and Treasury yields near multi-year highs stoked inflation worries on the cusp of a critical earnings season expected to test recent market gains.

Wall Street slips as higher yields and oil prices flag inflation risk

Cyberjaya Education Group Bhd (KL:CYBERE) is acquiring 24,777 square metres of vacant freehold commercial land in Sepang for RM15 million in cash to support its university’s expansion and future student facilities.

Cyberjaya Education buys Sepang land for RM15m to support university growth

The owner of Market Financial Solutions Ltd (MFS) is facing a growing barrage of lawsuits as creditors try to recover about £2.3 billion (US$3 billion or RM12.25 billion) of loans they had extended to the UK property company that collapsed amid allegations of widespread fraud.

LSEG Lipper Fund Awards 2025

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