Public Mutual Bhd made history at the Refinitiv Lipper Fund Awards 2020 when it clinched two group awards — Best Equity Group and Best Mixed Assets Group — and 32 fund awards. For the second year in a row, it set the record for the largest number of awards won by a single fund management company....

Another record-breaking year

More fund managers around the world are embracing environmental, social and governance (ESG) or socially responsible investing (SRI) principles. Local fund managers should also follow this trend, observes Datuk Syed Zaid Albar, executive chairman of the Securities Commission Malaysia (SC).

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Embracing change in the industry

Public Mutual Bhd emerged the biggest winner at the Refinitiv Lipper Fund Awards 2020. By winning two group awards and 32 fund awards, it broke its own record of one group award and 28 fund awards at last year’s event.

This result was achieved against a backdrop of elevated volatility i...

Public Mutual takes home the most awards

AmFunds Management Bhd (AmInvest) bagged the prestigious award for Best Bond Group (Provident) as well as three fund awards at the Refinitiv Lipper Fund Awards 2020. AmMalaysia Equity won the award for Best Equity Malaysia (Provident) in the three-year category while AmDynamic Bond grabbed the aw...

AmInvest wins award for Best Bond Group

Hong Leong Asset Management Bhd (HLAM) continued its winning streak by taking home the Best Equity Group (Provident) award and nine fund awards at the Refinitiv Lipper Fund Awards 2020.

Hong Leong Asia-Pacific Dividend Fund won the award for Best Equity Asia-Pacific ex-Japan (Malaysia) ...

Hong Leong Asset Management grabs Best Equity Group award

The global economy is in a state of near paralysis. The stringent measures taken by governments to contain the Covid-19 pandemic are likely to trigger a recession not seen since the 2008 global financial crisis. Investors who have directly or indirectly invested in financial markets must brace th...

Navigating the turbulence

Kenanga Investors Bhd clinched two group awards and three fund awards at the Refinitiv Lipper Fund Awards 2020. It won the group awards for Best Equity Malaysia (Islamic) and Best Mixed Asset Malaysia (Provident). It also took home the fund awards for Best Equity Malaysia (Islamic) in the 10-year...

Kenanga Investors bags two group awards

Affin Hwang Asset Management Bhd (AHAM) had a haul of six awards at the Refinitiv Lipper Fund Awards 2020. Affin Hwang Select Income won the award for Best Mixed Asset MYR Conservative (Malaysia) in the five-year category while Affin Hwang Select Opportunity won the award for Best Equity Malaysia...

Affin Hwang Asset Management wins six fund awards

Eastspring Investments Bhd grabbed six fund awards at the Refinitiv Lipper Fund Awards 2020. Four of its funds won these awards — a repeat of their winning feat from previous years.

Eastspring Investments Small-Cap took home the award for Best Equity Malaysia Small & Mid Cap (Provid...

Eastspring Investments Bhd - SIX FUND AWARDS

Areca Capital Sdn Bhd bagged three awards at the Refinitiv Lipper Fund Awards 2020. This marks three consecutive years that the fund house has swept the awards for Best Equity Malaysia in the three, five and 10-year categories.

Despite the uncertainties in financial markets last year, A...

Areca Capital Sdn Bhd - THREE FUND AWARDS

Principal Asset Management Bhd (formerly known as CIMB-Principal Asset Management Bhd) took home a fund award at the Refinitiv Lipper Fund Awards 2020. CIMB-Principal Equity Income won the award for Best Equity Asia-Pacific ex-Japan (Provident) in the 10-year category.

CEO Munirah Khair...

Principal Asset Management Bhd - ONE FUND AWARD

Maybank Asset Management Sdn Bhd continued to be a winner at the Refinitiv Lipper Fund Awards 2020. This year, it picked up two fund awards.

Maybank Malaysia SmallCap (MMSCF) won the award for Best Equity Malaysia Small and Mid-Cap (Provident) in the 3-year category (returns of 20.91%) ...

Maybank Asset Management Sdn Bhd - TWO FUND AWARDS

The awards methodology and guidelines for the Refinitiv Lipper Fund Awards 2020 are provided below.

Pheim Asset Management Sdn Bhd - SEVEN FUND AWARDS

The awards methodology and guidelines for the Refinitiv Lipper Fund Awards 2020 are provided below.

GENERAL METHODOLOGY

Criteria (cumulative)


	 Funds registered for sale in the...

Awards methodology

Apple Inc has proposed investing almost US$10 million (RM43.68 million) to make additional goods in Indonesia, according to people familiar with the matter, as it seeks to have the country’s ban on sales of its latest iPhone removed.

Apple to offer extra investment to remove Indonesia's iPhone ban, Bloomberg reports

OpenAI is advancing in its bid to transform the non-profit structure of the US$157 billion (RM685.78 billion) company into a for-profit business by having preliminary discussions with regulators.

OpenAI in talks with regulators to become for-profit company — Bloomberg

Meta Platforms Inc, under fire from parents and lawmakers over its impact on teens’ mental health, plans to use artificial intelligence (AI) to identify young users on Instagram who are lying about their age and automatically switch them into more restrictive privacy settings.

Instagram plans to use AI to catch teens lying about age

KUALA LUMPUR (Nov 5): The Road Transport Department (RTD) and the Transport Ministry have been issued a letter of demand (LOD) over alleged copyright infringement in relation to the special “MADANI” vehicle number plates.

Special ‘MADANI’ vehicle number plates: RTD, Transport Ministry hit with letter of demand for ‘copyright infringement’

OM Holdings Ltd’s (KL:OMH) near-term outlook appears cloudy as metal prices soften, while market uncertainties dampen demand for its manganese ore and ferroalloys, said BIMB Securities.

OM Holdings' near-term outlook cloudy as metal prices soften — BIMB

Maybank Investment Bank has warned Asean investors of potential economic turbulence and a surge in trade tensions, amid anticipation of more import tariff hikes if Donald Trump wins a second term as the US president.

Maybank IB tells clients to go defensive, warns of potential economic risks brought by new US president

The liquidator of Semantan Estate (1952) Sdn Bhd, the firm embroiled in the ‘Duta Enclave’ dispute, is appealing against the High Court’s decision on Sept 12 to allow a stay to the Federal Territory Land Registrar of having to register the transfer of ownership from the Malaysian government to the company within three months of its Aug 7 decision.

Semantan Estate liquidator also appealing stay granted to FT Land Registrar

(Nov 5): Standard Chartered Plc is going to use Wise Plc’s payments platform to offer multi-currency money transfers in Asia and the Middle East.

StanChart partners Wise for faster FX transfers in Asia, Middle East

US equity funds saw substantial outflows in the week to Oct 30 as investors exercised caution ahead of Tuesday's presidential election and a Federal Reserve policy decision on Wednesday.

US equity funds record biggest weekly outflow in five weeks

In the world of sports, football is a mean business and is not for the faint-hearted. In Sir Jim Ratcliffe, Britain’s fourth richest man, and co-owner of Manchester United Football Club, you have someone who means business.

Reviving Manchester United, since the legendary manager Sir Ale...

My Say: With Ten Hag sacked, what now Manchester United?

WHILE equity analysts are mixed on the possible outcome of the much-anticipated US presidential election on Tuesday (Nov 5), they observe that investors are taking a wait-and-see approach since a Democratic or Republican victory will have a different impact on market sentiments and performance.

Trump or Harris win will impact market differently, say analysts

Stock&nbsp;markets&nbsp;moved sideways and an uneasy calm settled over currencies and bonds, as investors waited for the US to choose a new leader on Tuesday, with polls showing the contest on a knife edge.

Stocks, dollar on tenterhooks with all eyes on US election day

KUALA LUMPUR (Nov 5): The method for determining the T15 group, the search efforts for flight MH370 and measures taken by&nbsp;the government&nbsp;to address delays in&nbsp;flood mitigation projects&nbsp;will be&nbsp;among highlights of Tuesday’s&nbsp;Dewan Rakyat sitting.

MH370 search efforts, T15 determination method among highlights of Parliament on Tuesday

Maybank Investment Bank has warned Asean investors of potential economic turbulence and a surge in trade tensions, amid anticipation of more import tariff hikes&nbsp;if Donald Trump wins a second term as the US president.

IHH Healthcare Bhd (KL:IHH) has completed the acquisition of Island Hospital, a 600-bed facility in Penang, for an equity consideration of approximately RM3.9 billion.

IHH Healthcare completes acquisition of Island Hospital in Penang for RM3.9 bil

SEATTLE/MONTREAL (Nov 4): Boeing’s US West Coast factory workers were voting on an improved contract offer on Monday, that could end a seven-week strike and restart most jet production at the troubled planemaker.

Boeing workers vote on wage deal that could end strike

The liquidator of Semantan Estate (1952) Sdn Bhd, the firm embroiled in the ‘Duta Enclave’ dispute, is appealing against the High Court’s decision on Sept 12&nbsp;to allow a stay to the Federal Territory Land Registrar of having to register the transfer of ownership from the Malaysian government to the company within three months of its Aug 7 decision.

KUALA LUMPUR (Nov 5): The Road Transport Department (RTD) and the Transport Ministry have been issued a letter of demand (LOD) over alleged copyright infringement in relation to the special “MADANI” vehicle number plates.

Stocks failed to gain traction and bonds climbed, with polls continuing to depict a tight race in the US presidential election ahead of the Federal Reserve (Fed) rate decision.

Wall Street shuns risk before coin-toss election

Several industrial firms in China are eyeing investment opportunities in Labuan, particularly within the island's financial and development sectors.&nbsp;

Minister in the Prime Minister's Department (Federal Territories) Dr Zaliha Mustafa emphasised the significance of these interests, underscoring Labuan’s potential as a viable economic hub in Asia.

Chinese industrial firms interested in Labuan, says Zaliha

The public have been reminded to be vigilant with the dissemination of invitations for a meeting on the implementation of a 5G tower project and the Jendela 2 project in Sabah, which will allegedly take place at a hotel in the capital on Tuesday.

MCMC warns about fake invitations for 5G tower and Jendela 2 projects

Escalating tensions in the Middle East and US relations with China pose the greatest concerns for Big Oil, according to some of the industry’s top executives.

“The conflict in the Middle East is probably the top risk of all right now,” BP plc chief executive officer Murray Auchincloss said during panel discussion at the Adipec summit in Abu Dhabi. “We operate across five or six countries in the region — we are worried obviously about the security of our people and the security of energy supplies.”

Big Oil chiefs see Middle East conflict, China as top concerns

ON Tuesday, Nov 5, Americans will go to the polls to elect their 47th president. Incumbent Joe Biden’s four-year term of office ends at noon on Jan 20 next year, when a new president will be sworn in. Since mid-July when Biden, 82, announced that he would not seek re-election, the race has litera...

Who will win the US election and should you care?

In the world of sports, football is a mean business and is not for the faint-hearted. In Sir Jim Ratcliffe, Britain’s fourth richest man, and co-owner of Manchester United Football Club, you have someone who means business.

Reviving Manchester United, since the legendary manager Sir Ale...

A late season tropical storm predicted to intensify into a category 2 hurricane in the US&nbsp;Gulf of Mexico this week could reduce US&nbsp;oil production by about four million barrels, researchers said.

Late season storm could disrupt four million barrels of US oil output, researchers say

Melaka plans to set up a consortium to develop idle farming land for paddy farming to increase its paddy production, said State Rural Development, Agriculture and Food Security Committee chairman Datuk Dr Muhamad Akmal Saleh.

Melaka plans to set up consortium to develop abandoned land for paddy farming

KPMG will lay off&nbsp;4%, or about 330 people, of its audit workforce in the US, a source familiar with the matter said on Monday.

Besides KPMG, Ernst &amp; Young, Deloitte, PricewaterhouseCoopers make up the Big Four of accounting firms.

KPMG to lay off 4% of US audit workforce, source says

A security fence rings a Las Vegas building where Nevada tabulates votes. An Arizona sheriff has his department on high alert to guard against potential violence with drones and snipers on standby. Governors of at least three states have called for National Guard troops to help maintain the peace.

US states worried about election unrest take security precautions

(Nov 5):&nbsp;Standard Chartered Plc is going to use Wise Plc’s payments platform to offer multi-currency money transfers in Asia and the Middle East.

CapitaLand Investment (CLI) announced on Tuesday that it had secured S$261 million (RM865.14 million) capital commitment from a new Japanese capital partner, Mitsui OSK&nbsp;Lines, for its Southeast Asia and India private funds.

Refinitiv Lipper Fund Awards 2020

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