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

OSK-SBI Venture Partners Ltd (OSK-SBI), a joint venture between OSK Ventures International Bhd (KL:OSKVI) and SBI Holdings Inc, has launched its second venture capital fund to invest in category-defining companies across Southeast Asia.

OSK-SBI Venture Partners launches second fund and makes first investment

Former Nenggiri state assemblyman Mohd Azizi Abu Naim filed an originating summons to stop the Election Commission (EC) from holding a by-election of the Nenggiri state seat in Kelantan.

Mohd Azizi, as the plaintiff, filed the originating summons on June 24 through Shankar Govinth, naming Bersatu president Tan Sri Muhyiddin Yassin, the party's secretary-general, Datuk Seri Hamzah Zainuddin, Kelantan assembly Speaker Datuk Mohd Amar Nik Abdullah and the EC as the first to fourth defendants.

Mohd Azizi files suit to stop Nenggiri state by-election

KUALA LUMPUR (June 26): The Energy Commission (EC) has urged consumers and industry players looking into decarbonisation to first clarify and measure their carbon footprint through various established protocols.

Clarify, measure carbon footprint first when starting decarbonisation — Energy Commission

KUALA LUMPUR (June 26): A total of 15 strategic initiatives have been implemented under the Malaysian Sustainable Palm Oil (MSPO) Certification Strategy Action Plan 2024-2026 to strengthen the MSPO brand, said Deputy Plantation and Commodity Minister Datuk Chan Foong Hin.

15 initiatives implemented under MSPO Certification Strategy Action Plan 2024-2026

The rates of civil servants’ salary increase, which will be implemented from December this year, will be announced before the tabling of Budget 2025 in October, Prime Minister Datuk Seri Anwar Ibrahim said.

Anwar to announce rates of civil service pay hike before tabling of Budget 2025

AmanahRaya Real Estate Investment Trust (ARREIT) has entered into a conditional sale and purchase agreement with 4X Software Sdn Bhd for the proposed disposal of a four-storey office building in Cyberjaya, Selangor, for RM42.5 million.

AmanahRaya REIT to sell Cyberjaya property for RM42.5 mil

The implications for our warming planet of recent breakthroughs in artificial intelligence (AI) boil down to this: AI offers great advantages in everything from monitoring ice melt and deforestation to optimising power grids, but it’s incredibly power hungry, which can mean more carbon emissions and more climate destruction.

AI obsession obscures bigger promise of climate tech

Samaiden Group Bhd (KL:SAMAIDEN) said it is teaming up with a lighting solutions provider to implement solar street lighting systems.

Samaiden inks partnership to develop solar street lighting systems 

A female clerk at a law firm pleaded not guilty in the Magistrate's Court here on Wednesday to two charges of pretending to be a lawyer and giving false evidence regarding a bank document during a court proceeding.

K Maragatham, 63, is accused of wilfully pretending to use the title of a lawyer for a law firm, implying that she was qualified to act as a solicitor.

Clerk charged with pretending to be lawyer, giving false evidence

German engineering group Robert Bosch GmbH is weighing a bid for US appliances manufacturer Whirlpool, according to three people familiar with the matter, a move that would boost its position in the white goods market.

Bosch eyes offer for appliance maker Whirlpool — Reuters

Prolintas Infra Business Trust (KL:PLINTAS) fell on Wednesday, and was sharply below its initial public offering (IPO)&nbsp;price, after confirming the arrest of some of its directors by the anti-graft agency.

Prolintas units fall after arrest of directors by MACC

Shares in Astro Malaysia Holdings Bhd&nbsp;(KL:ASTRO) fell to their lowest in five weeks, as analysts flagged tougher days ahead, after the pay-television operator reported weaker-than-expected first-quarter results.

Astro Malaysia shares fall to five-week low after 1Q results

Sapura Energy Bhd (KL:SAPNRG) has granted chairman Datuk Mohammad Azlan Abdullah leave of absence with immediate effect to allow the 56-year-old to focus on ongoing investigations by the Malaysian Anti-Corruption Commission (MACC) regarding a matter unrelated to the oil and gas engineering group.&nbsp;

Sapura Energy grants chairman leave of absence amid unrelated MACC probe

The Securities Commission of Malaysia said on Wednesday it has sued Datuk Dr Yu Kuan Chon for alleged market rigging and manipulation involving shares of Shangri-La Hotels (M) Bhd (KL:SHANG) in 2018.

SC sues Yu Kuan Chon over alleged market rigging, manipulation

Well Chip Group Bhd — principally involved in the provision of pawnbroking services and the trading of jewellery and gold — aims to raise RM172.5 million from its initial public offering (IPO) exercise, ahead of its listing on the Main Market of Bursa Malaysia.

Main Market-bound pawnbroker Well Chip aims to raise RM172.5m from IPO

Felcra Bhd’s 14 subsidiaries have racked up total debt of RM1.21 billion, dragging on the cash-strapped state-owned company, said the Public Accounts Committee (PAC).

Felcra's 14 subsidiaries in debt of RM1.21b — PAC

KUALA LUMPUR (June 26): Shares of IOI Properties Group Bhd extended its decline to their lowest in seven weeks amid concerns of rising debt after the developer announced its chief executive has proposed the joint development of Shenton House in Singapore.

IOI Properties’ high gearing may swell with Shenton House project; shares down though analysts stay bullish

(June 26):&nbsp;Malaysia is in discussions with potential Chinese investors to build data centres in the Southeast Asian nation, as it seeks to attract more “high quality” investments, according to Economy Minister Rafizi Ramli.

Rafizi: Malaysia taps Chinese investors to build more data centres

The Employees Provident Fund (EPF) has become a substantial shareholder in electronic manufacturing services (EMS) provider Aurelius Technologies Bhd (KL:ATECH), with a 7.87% stake.

EPF purchased 15.07 million shares in the company on June 19, the same day ATech completed the private placement of shares after listing 39.4 million shares.

EPF emerges as Aurelius Technologies’ substantial shareholder with 7.87% stake

Private hospital operator KPJ Healthcare Bhd (KL:KPJ), in which Johor Corp (JCorp) owns a 44.99% stake, plans to add up to 5,000 hospital beds by 2028 as part of the group’s ongoing efforts for adding new beds, which began last year.

KPJ plans to add up to 5,000 hospital beds over four years

Berjaya Tagar Sdn Bhd, a subsidiary of Berjaya Land Bhd (KL:BJLAND), officially launched an affordable residential project on Wednesday under Berjaya Flagship Affordable Homes (BFAH) called Pangsapuri Azalea in Subang Heights, Subang Jaya, Selangor.

Berjaya Land launches Pangsapuri Azalea affordable housing project in Subang Heights

Maybank Investment Bank (Maybank IB)&nbsp;has expanded its product offerings with the launch of its first structured warrants referencing the Hang Seng Index (HSI) futures contracts.

Maybank IB issues four new structured warrants over Hang Seng Index futures

The implementation of the Visa Liberalisation Plan (PLV), the proposal to allow non-Bumiputera students to enrol at Universiti Teknologi Mara (UiTM), and the value of the ringgit are among key issues to be discussed in the Dewan Rakyat session on Wednesday.

Visa liberalisation, UiTM enrolment, ringgit value in the spotlight on Wednesday

Bank Negara Malaysia (BNM) may take supervisory actions and impose penalties for violations of regulatory provisions under its supervision, following recent incidents of online banking service&nbsp;outages.

BNM may take supervisory actions, impose penalties for banking service outages, Dewan Rakyat told

The outlook for China’s exports is set to improve, buttressing growth in the world’s second-biggest economy even as consumer spending slows, according to a Bloomberg survey of economists.

Economists raise China growth forecasts as exports improve

HSBC Malaysia&nbsp;maintained Malaysian equities on "underweight" despite recent gains, citing pressure on index-heavyweight banks and recent rise in valuations that cap further upside.

The renewed interest is largely due to Malaysia’s rapid rise as a crucial link in the global tech supply chain, HSBC said. Sectors ranging from equipment markers, chip designers to testers, construction companies, and power producers are benefiting from an inflow of foreign investment, it noted.

HSBC keeps Malaysian equities on 'underweight' despite recent rally

E-commerce firm&nbsp;Shopee&nbsp;said on Wednesday it had agreed to make changes to its services in Indonesia, after the country's antitrust agency said the platform had admitted to violating anti-monopoly rules.

Shopee to adjust services in Indonesia after antitrust violation

KUALA LUMPUR (June 26): Google’s latest investment highlights Malaysia’s competitiveness, ease of doing business&nbsp;and growing importance as a regional hub for digital innovation, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Zafrul: Google investment a testament to Malaysia’s current competitiveness

OSK-SBI Venture Partners Ltd&nbsp;(OSK-SBI), a joint venture between OSK Ventures International Bhd (KL:OSKVI) and SBI Holdings&nbsp;Inc, has launched its second venture capital fund to invest in category-defining companies across Southeast Asia.

KUALA LUMPUR (June 26): Analysts remain upbeat on Gamuda Bhd (KL:GAMUDA), which recently reported stronger quarterly earnings, given its extensive overseas exposure and substantial order book.

Refinitiv Lipper Fund Awards 2021

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