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

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

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

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 

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

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

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 

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

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

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

AmFunds Management Bhd ­(AmInvest) emerged as a group winner at the Refinitiv Lipper Fund Awards 2021. In fact, the fund management firm, helmed by CEO Goh Wee Peng and chief investment officer (CIO) Wong Yew Joe, bettered its 2020 performance despite a year of Covid-19-enforced lockdowns.

...

AmInvest overcomes pandemic hurdles en route to group victory

Eastspring Investments Bhd bagged two awards at the Refinitiv Lipper Fund Awards 2021. Eastspring Investments Dana Dinamik won the award for Best Mixed Asset MYR Flexible (Islamic) in the 10-year category while Eastspring Investments Dana al-Islah won the award for Best Mixed Asset MYR Conservati...

Eastspring Investments takes home two awards

Inter-Pacific Asset Management Sdn Bhd’s (InterPac) InterPac Dynamic Equity fund won the award for Best Mixed Asset MYR Flexible (Malaysia) in the 10-year category. The fund generated a total return of 55.15% during the period.

CEO Datuk Dr Nazri Khan says the team’s dynamic and tactica...

Inter-Pacific Asset Management wins award for best mixed asset fund

Kenanga Investors Bhd won two group awards and five individual awards at the Refinitiv Lipper Fund Awards 2021, outperforming its record last year and emerging as the winner with the third highest number of total awards this year (tied with AmFunds Management Bhd).

Kenanga won the group...

Kenanga Investors wins two group awards

Banco BPM SpA rose to the highest in almost nine years as Credit Agricole SA moved to boost its stake in the lender that’s contending with an unsolicited takeover approach by UniCredit SpA.

Banco BPM rises as Credit Agricole moves to defend interests

Paragon Globe Bhd (KL:PGLOBE) has mutually agreed to terminate its memorandum of understanding (MOU) with Solarvest Holdings Bhd (KL:SLVEST) to explore a renewable energy-focused industrial development, following the group's sale of land to a data centre company.

Paragon Globe mutually terminates MOU with Solarvest following land disposal in Johor

A summary of how key Bursa Malaysia indices and the ringgit performed on Monday.

FBM KLCI down 0.11% to 1,611.43 on Dec 9, 2024

South Korean President Yoon Suk Yeol has been banned from leaving the country over a failed attempt at imposing martial law, a justice ministry official said on Monday, amid growing calls for him to step down and a deepening leadership crisis.

Yoon has apologised for the botched attempt and said he was leaving his political and legal fate to his ruling People Power Party (PPP) but has not resigned. He has become a subject of criminal investigation, according to local media reports.

South Korea President Yoon banned from foreign travel as leadership crisis deepens

GIC Pte is working with JPMorgan Chase & Co to help advise on a strategic review of options including a sale of its 50% stake in India’s Greenko Energy Holdings, people familiar with the matter said, in what could be one of the biggest disposals in the country.

JPMorgan to advise GIC on US$5 bil Greenko stake sale

(Dec 9): Almost US$10 billion (RM44.25 billion) has poured into US exchange-traded funds (ETFs) investing directly in bitcoin since Donald Trump became president-elect, in a bet that his embrace of the crypto sector heralds a boom for the market.

US bitcoin ETF inflows near US$10b since Trump election win

Global shares held steady on Monday, as investors took geopolitical tumult in their stride, leaving oil and gold modestly higher, while the dollar edged up ahead of US inflation data this week that could cement a December rate cut.

Stocks firm as US upbeat outlook absorbs geopolitical shocks

Southeast Asia's e-commerce market has undergone significant transformation over the past five years, reaching milestones earlier than expected.

The sector saw rapid growth during the pandemic, hitting US$200 billion in gross merchandise value by 2022 — three years ahead of schedule, according to Google, Temasek and Bain & Company.

Addressing the hidden costs of adaptability in Southeast Asia’s e-commerce and logistics

CVC Capital Partners plc offered to take CompuGroup Medical SE & Co KGaA private in a deal that values the German software provider at €1.18 billion (US$1.2 billion or RM5.3 billion).

CVC offers to take CompuGroup private for US$1.2 bil 

Chinese billionaire Jack Ma rallied his troops during a speech at Ant Group Co’s 20th anniversary, making a rare appearance after a government crackdown forced the financial technology (fintech) giant to scrap what would have been the world’s largest initial public offering (IPO) four years ago.

Jack Ma pushes AI drive in rare speech since Ant crackdown

In one of his rare interviews in January 1996, the late T Ananda Krishnan said his passion was to go into the business of the future.

Alternative Views: Ananda’s unfinished business leaves much to speculation

In recent years, Malaysia has emerged as a data centre powerhouse in the Asia-Pacific region, driven by a global surge in demand and an established data centre sector.&nbsp;

With favourable conditions such as the availability of land, cheaper electricity, and an advantageous geographical location, the country has attracted numerous firms to establish data centre operations within its borders.

How Malaysia is setting itself up as an AI hub

The Malaysian Anti-Corruption Commission (MACC) found no wrongdoing within the Human Resource Development Corporation (HRD Corp).

No offences under the MACC Act 2009 had been committed, according to investigators cited in a Public Accounts Committee (PAC) report on the government agency.

No offences found in HRD Corp probe, says MACC

Shares of Kawan Food Bhd (KL:KAWAN) climbed to their highest in nearly five months on Monday, after the frozen food manufacturer announced a venture into distribution of information technology (IT) equipment.

Kawan Food shares climb to near five-month high after news of IT venture

Tenaga Nasional Bhd (KL:TENAGA) and Sembcorp Power Pte Ltd have signed an agreement for the supply of 50 megawatts (MW) of renewable energy to Singapore.

The maiden renewable energy supply from Malaysia to the island-state is the result of the bidding process conducted through Energy Exchange Malaysia (Enegem) in June.

Tenaga, Sembcorp sign deal for supply of 50MW renewable energy to Singapore

Industrial services firm Swift Energy Technology Bhd has begun accepting applications from investors for its initial public offering (IPO) that would gross more than RM84 million on the ACE Market.

The IPO, priced at 28 sen per share, involves a public issue of 250.2 million new shares and an offer for sale of 50.04 million existing shares, according to its prospectus. All in, the listing offers investors a 25% stake in the Selangor-based company.

Swift Energy now selling IPO shares at 28 sen apiece for ACE Market listing

US&nbsp;President-elect Donald&nbsp;Trump&nbsp;called on Sunday for an immediate ceasefire and negotiations between&nbsp;Ukraine&nbsp;and Russia&nbsp;to end "the madness", prompting Ukrainian President Volodymr Zelenskiy and the Kremlin to list their conditions.

Trump calls for immediate Ukraine ceasefire, Kyiv and Moscow cite conditions

As Bashar Al-Assad fled to Moscow, the looters started raiding the presidential palace and people took the streets of Damascus to celebrate his demise. The Syrian president had tried to hang on until the bitter end, still desperately sending an SOS to anyone who would listen, including Donald Trump. The despot had run out of road.

Assad’s fall in Syria puts world on watch for more Middle East chaos

Imprisoned former prime minister Datuk Seri Najib Razak has once again claimed that there was a conspiracy by the US to prevent him from accessing evidence pivotal to mount his defence in the 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial.

Najib now says US Democrats conspired with then-Opposition to suppress evidence pivotal to his defence

A white knight has emerged to take over the development of the stalled Penang World City (PWC) in Bayan Baru, Penang.

The white knight, who is a developer, is said to be in the midst of restructuring Hemat Tuah Sdn Bhd, in which the brother of MBI’s Tedy Teow and associates close to the...

White knight to take over RM10 bil Penang World City project

Malaysia’s retail sales growth accelerated in the third quarter, an industry research firm said on Monday, flagging faster growth in the next three months due to the year-end holiday season.

Retail sales growth accelerated to 3.8% in 3Q, may hit 4.4% in 4Q — Retail Group Malaysia

Global shares held steady on Monday, as investors took geopolitical tumult in their stride, leaving oil and gold modestly higher, while the dollar edged up ahead of US inflation data this week that could cement a December rate cut.

Facility management firm GFM Services Bhd (KL:GFM) said on Monday it has signed an agreement to explore a stake in oil-and-gas services firm Shapadu Energy Sdn Bhd for an indicative RM30 million cash.

GFM Services to explore 45% stake in energy services firm Shapadu for RM30m cash

Malaysia’s healthcare sector is set for sustained growth beyond its robust third-quarter results, amid steady increases in both capacity and demand, BIMB Securities said.&nbsp;

The research house, which kept an 'overweight'&nbsp;stance on the sector, expects private hospital operators to "sustain earnings growth of double digits, supported by steady increases in inpatient and outpatient visits”, which are likely to extend into 2025.

Healthy demand, capacity growth to drive healthcare earnings through 2025 — BIMB

Oil&nbsp;prices nudged higher on Monday, as heightened tensions in the Middle East following the overthrow of Syrian President Bashar al-Assad by rebels offset concerns over weak Chinese demand that was highlighted by Saudi Aramco's price cuts to Asian buyers.

Oil edges up as rising Mideast tensions offset demand fears

Former prime minister Datuk Seri Najib Razak said that he supported 1Malaysia Development Bhd's (1MDB)&nbsp;ambitions to acquire independent power producers (IPPs), by bringing down cost of power,&nbsp;for the well-being of Malaysians.

Najib says supported 1MDB's independent power producer ambitions for Malaysia's 'well-being'

Former Kedah menteri besar Datuk Seri Mukhriz Mahathir told the High Court on Monday that he did not know that his aunt Habsah’s patronym is Mohamad Iskandar.

Mukhriz says he does not know his aunt’s patronym is Mohamad Iskandar

US-based Omnicom Group is in advanced talks to acquire rival Interpublic Group in a deal that would create the world’s largest advertising company, The Wall Street Journal&nbsp;(WSJ) reported.

Omnicom, Interpublic in merger talks that would create world's largest ad company — WSJ

KUALA LUMPUR (Dec 9): The Public Accounts Committee (PAC) has called on the Malaysian Anti-Corruption Commission (MACC) to explain its investigation into the Human Resource Development Corporation (HRD Corp), which was classified as “no further action" (NFA).&nbsp;

Explain ‘no further action’ on HRD Corp investigation, PAC tells MACC

KUALA LUMPUR (Dec 9): UEM Sunrise Bhd (KL:UEMS) has received planning permit approval for a A$277.8 million (RM784.8 million) build-to-rent development in Collingwood, Melbourne, Australia.

Refinitiv Lipper Fund Awards 2021

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