Areca Capital Sdn Bhd took home three awards at the Refinitiv Lipper Fund Awards 2022. It was the fifth year in a row that Areca equityTrust won the award for Best Equity Malaysia (Malaysia) in the three-, five- and 10-year categories.

Areca wins Best Equity Malaysia awards five years in a row

Kenanga Investors Bhd’s emphasis on sustainability in performance and long-term value generation has been pivotal to the firm’s continued success at the Refinitiv Lipper Fund Awards 2022.

Kenanga Investors wins multiple awards

Hong Leong Asset Management Bhd (HLAM) continued its winning streak by taking home 15 fund awards and one group award at the Refinitiv Lipper Fund Awards 2022. It won the award for Best Equity Group (Provident) for the third year running.

HLAM wins big with 15 fund awards and a group award

Inter-Pacific Asset Management Sdn Bhd’s (InterPac) InterPac Dana Safi Fund won the award for Best Mixed Asset MYR Flexible (Islamic) in the three-year category, after seeing returns of 126.2%.

Inter-Pacific Asset Management wins Best Mixed Asset Award

Once again, Public Mutual Bhd dominated the Refinitiv Lipper Fund Awards, this time by bagging 32 awards — Best Equity Group (Malaysia), Best Mixed Assets Group (Islamic) and 30 fund awards. It extended its winning streak to four years in a row by outperforming its peers in various categories.

Public Mutual defends top position with 32 awards

By staying true to its investment philosophy of never being fully invested at all times, Pheim Asset Management Sdn Bhd bagged four awards at the Refinitiv Lipper Fund Awards 2022.

Pheim wins mixed-asset awards for seven consecutive years

KAF Investment Funds Bhd (KAF) bagged three awards at the Refinitiv Lipper Fund Awards 2022 through two of its award-winning funds, KAF Jade and KAF Vision.

A triple win by KAF Investment

Despite it being another challenging year, winners of the Refinitiv Lipper Fund Awards 2022 consistently delivered attractive returns to investors in the medium to long term, according to Xav Feng, director of Lipper Asia Pacific Research, Refinitiv.

Net inflows into global funds rose 80% y-o-y in 2021

Eastspring Investments Bhd bagged two awards at the Refinitiv Lipper Fund Awards 2022. Eastspring Investment Asia Select Income won the award for Best Mixed Asset MYR Global (Malaysia) in the 10-year category, while Eastspring Investments Small Cap won the award for Best Equity Malaysia Small and Mid-Caps (Provident) in the 10-year category.

Eastspring bags two awards with research-driven investment style

Principal Asset Management Bhd clinched four awards in the Asia Pacific ex-Japan category in the Refinitiv Lipper Fund Awards 2022.

Principal Asset Management wins four awards in regional categories

Affin Hwang Asset Management Bhd (AHAM) won the group award for Best Equity Malaysia (Islamic) while Affin Hwang Select Balanced took home the awards for Best Mixed Asset MYR Global (Provident) in the three- and five-year categories.

Affin Hwang wins group award and two fund awards

UOB Asset Management (M) Bhd once again landed a winning spot at the Refinitiv Lipper Fund Awards 2022, with two fund awards this year.

UOB Asset Management bags two awards with bottom-up approach

If fund managers found themselves riding a roller coaster two years ago after the pandemic struck, 2021 was akin to walking a tightrope. The market was calmer than in the previous year, giving it more time to think and react, but it had to stay vigilant at all times.

Cover Story: From roller coaster ride to tightrope walk

Manulife Investment Management (M) Bhd bagged a fund award at the Refinitiv Lipper Fund Awards 2022. Its Manulife Investment Shariah Progress Fund won the award for Best Equity Malaysia Diversified (Provident) in the 10-year category, when it achieved a cumulative return of 174.25% over the period.

Manulife Investment Management bags an award

The Attorney General's Chambers (AGC) has filed a notice of appeal against Muhammad Yusoff Rawther's acquittal on charges of drug trafficking and possession of imitation firearms, which allowed Yusoff to go free without his defence being called.

AG's Chambers appeals Yusoff Rawther's acquittal

theedgemalaysia.com highlighted six stocks with momentum at Bursa Malaysia’s afternoon close on Monday. Two stocks showed positive momentum, while four stocks showed negative momentum.

Stocks with momentum on June 16, 2025: Hengyuan, Rex, Petron Malaysia, XL Holdings, Toyo Ventures, Destini

It is not often that an external auditor withdraws from reappointment at the last minute. But that was what happened with ABM Fujiya Bhd (KL:AFUJIYA) at its annual general meeting (AGM) last week.

Frankly Speaking: Last-minute auditor change piques interest

The King, Sultan Ibrahim, in his royal address at the investiture ceremony in conjunction with His Majesty’s birthday on June 2, reminded Malaysians, including political and community leaders, not to politicise sensitive issues that could fuel discord within society and threaten the nation’s stab...

My Say: The Malays don’t need another umbrella

The Enforcement Agency Integrity Commission (EAIC) has found that the Penang Department of Fisheries (DOF) failed to act against the intrusion of trawler boats from Zone B into Zone A waters.

Penang DOF failed to act on trawler intrusions — EAIC

Former prime minister Tan Sri Muhyiddin Yassin’s abuse of power and money-laundering case linked to the Jana Wibawa project will now be heard in the High Court.

Muhyiddin’s Jana Wibawa case moved to High Court

Avaland Bhd (KL:AVALAND) has commenced construction of a 300m covered pedestrian walkway and link bridge from its Avenue25 mixed-use development to the USJ21 LRT Station.  

According to a media statement issued on Monday, the groundbreaking ceremony took place on-site on June 13.

Avaland breaks ground of Avenue25 pedestrian link to LRT station

The 5% sales and service tax (SST) on raw materials could have adverse effects on the domestic rubber ecosystem, said the Malaysian Rubber Glove Manufacturers Association (Margma), which urged the government to defer the tax imposition.

Margma urges govt to reconsider and defer 5% SST on latex raw materials

Singapore’s new private home sales fell to a five-month low in May, as global tariff tensions weighed on demand in the trade-dependent city-state.

Developer sales dropped for a third consecutive month, with just 311 units bought last month, according to data released by the Urban Redevelopment Authority (UDA) on Monday.

Singapore home sales drop to five-month low on tariff fears

Indonesia’s stock exchange will consider extending trading hours, in its latest effort to draw foreign investors to Southeast Asia’s biggest economy after heavy selloffs earlier this year.

Indonesia bourse mulls extending trading window by one hour

(June 16):&nbsp;Petroliam Nasional Bhd (Petronas), Malaysia’s state-owned oil-and-gas company, is looking to expand output from more affordable assets abroad, in an effort to cut production costs and rein in declining profits.

Petronas looks abroad to help cut production costs

&nbsp;US&nbsp;President&nbsp;Donald&nbsp;Trump's&nbsp;administration&nbsp;is considering significantly expanding its&nbsp;travel&nbsp;restrictions by potentially&nbsp;banning citizens of&nbsp;36&nbsp;additional&nbsp;countries&nbsp;from entering the US, according to an internal State Department cable seen by Reuters.

Trump administration weighs adding 36 countries to travel ban, memo says

Iranian missiles struck Israel's Tel Aviv and the port city of Haifa in an early morning raid on Monday, destroying homes and fuelling concerns among world leaders at this week's G7 meeting that the battle between the two old enemies could lead to a broader regional conflict.

Israel's national emergency service said three people were killed in the country's centre while dozens more were wounded in the overnight strikes, part of a wave of attacks by Tehran in retaliation for Israel's pre-emptive strikes targeting Iran's nuclear and ballistic missile programmes that began last Friday.

Iran lauds 'new method' as missiles hit Israel's Tel Aviv, Haifa

Energy stocks surged in early trade on Monday as the escalating conflict between Israel and Iran entered its fourth day with no signs of de-escalation, sparking concerns of a broader war in the oil-rich region.

Energy stocks on Bursa soar amid escalating Israel-Iran attacks

KUALA LUMPUR (June 16): Asia-Pacific will require US$90 trillion (RM382.1 trillion) in energy investments through 2050 to power its growing economies, while achieving net zero ambitions, said Petroliam Nasional Bhd (Petronas) president and group chief executive officer Tan Sri Tengku Muhammad Taufik Tengku Aziz.&nbsp;

Asia-Pacific needs US$90 tril in energy investments to meet net zero goals by 2050, says Petronas chief

&nbsp;The&nbsp;world's&nbsp;nuclear-armed states are beefing&nbsp;up&nbsp;their atomic&nbsp;arsenals&nbsp;and walking out of arms control pacts, creating a&nbsp;new&nbsp;era&nbsp;of threat that has brought an end to decades of reductions in stockpiles since the Cold War, a&nbsp;think&nbsp;tank&nbsp;said on Monday.

Of the total global inventory of an estimated 12,241 warheads in January 2025, about 9,614 were in military stockpiles for potential use, the Stockholm International Peace Research Institute (Sipri) said in its yearbook, an annual inventory of the&nbsp;world's most dangerous weapons.

World entering new era as nuclear powers build up arsenals, Sipri think tank says

KUALA LUMPUR (June 16): The importance of oil and gas can't be underestimated at times when conflicts occur, something that is currently being seen, the head of Saudi oil giant Aramco&nbsp;told an energy conference on Monday.

Oil and gas important in times of conflict, Saudi Aramco CEO says

The recently revised port tariffs are expected to boost Westports Holdings Bhd (KL:WPRTS), however geopolitical risks and trade uncertainties tied to the Israel-Iran conflict may weigh on regional shipping activities, said analysts. &nbsp;

Westports to benefit from port tariff hike, but geopolitical risks to affect seafaring routes — analysts

&nbsp;Financial markets look set to reopen Monday with investors squarely focused on escalating geopolitical tensions as Israel and Iran continue to bombard each other with no sign of a pause.

Israel on Sunday reported new missile attacks from Iran, and said it was carrying out simultaneous strikes on Tehran, as the two countries faced off for a third day in what is fast becoming the longtime adversaries’ most serious entanglement yet.&nbsp;

Mounting Israel-Iran conflict amps up geopolitical market risks

KUALA LUMPUR (June 16): Investors are expected to remain cautious in the local stock market, due to ongoing global uncertainties and concerns over upcoming domestic policies in the second half of the year, analysts said.

KLCI may test 1,500 support as geopolitical tensions and policy risks keep investors on edge — analysts

KUALA LUMPUR (June 16): The recent oil price rally — one of the most intense since the 2022 energy crisis — has once again laid bare the fragility of global energy systems, said Tan Sri Tengku Muhammad Taufik Tengku Aziz, president and group chief executive officer of Petroliam Nasional Bhd (Petronas).&nbsp;

Oil price surge signals energy system risks amid global ‘poly-crisis’, says Petronas CEO

TOKYO (June 16): Oil prices climbed on Monday, extending Friday's rally, as renewed strikes by Israel and Iran over the weekend increased concerns that the battle could widen across the region, and significantly disrupt oil exports from the Middle East.

Oil prices firm as intensifying Israel-Iran conflict stokes supply disruption fears

KUALA LUMPUR (June 16): Local institutions continued their buying activities for the fourth consecutive week, with net inflows amounting to RM620.6 million, said&nbsp;MIDF Amanah Investment Bank Bhd.

MIDF: Local institutions extended buying streak with RM620.6m inflows last week

SYDNEY (June 16): Asian markets kept their nerve on Monday and oil prices climbed anew, as the conflict between&nbsp;Israel and Iran&nbsp;showed no sign of cooling, adding geopolitical uncertainty to the world's economic troubles in a week packed with central bank meetings.

Stocks, dollar stay calm in Asia as oil rises

WASHINGTON (June 16): President&nbsp;Donald Trump&nbsp;vetoed an Israeli plan in recent days to kill Iran's Supreme Leader Ayatollah Ali Khamenei, two US&nbsp;officials told Reuters on Sunday.

"Have the Iranians killed an American yet? No. Until they do we're not even talking a...

Trump vetoed Israeli plan to kill Iran's supreme leader, US officials say

Taiwan&nbsp;has added China's Huawei Technologies&nbsp;and Semiconductor Manufacturing International Corp to its export control list, which includes other proscribed organisations like the Taliban and al Qaeda.

Inclusion on the economy ministry's trade administration's strategic high-tech commodities entity list means&nbsp;Taiwanese companies will need government approval before exporting any products to the companies.

Taiwan adds China's Huawei and SMIC to export control list

More than six weeks after Datin Seri Pamela Ling Yueh went missing, her family says the police have not given them any updates. Their lawyer, Sangeet Kaur Deo, questioned whether the police are taking the investigation seriously, stating that despite inquiries, the police still have no leads on her disappearance or abduction.

Six weeks on, no leads in Pamela Ling's case; lawyer accuses police of inaction

China’s new-home prices fell the most in seven months in May, underscoring why senior government officials are renewing pledges to revive the property market. 
&nbsp; 
New-home prices in 70 cities, excluding state-subsidised housing, dropped 0.22% from April, when they slid 0.12%, National Bureau of Statistics figures showed on Monday.

China home prices fall at faster pace, officials vow to support property market

Critical Metals Corp&nbsp;has received a letter of interest from the US&nbsp;Export-Import Bank (EXIM) for a loan worth up to US$120 million (RM509.16 billion) to fund the company's Tanbreez rare earths mine in Greenland,&nbsp;in what would be the Trump administration's first overseas investment in a mining project.

The loan, if approved, would boost US&nbsp;access to minerals increasingly at the&nbsp;centre of global economic trade&nbsp;and help offset the country's reliance on market leader China.

US Export-Import Bank considers US$120 mil loan for Greenland rare earths project

KUALA LUMPUR (June 16): OCBC Bank (Malaysia) Bhd&nbsp;has extended RM351 million in financing to See Hong Chen Group and EXSIM, to support three strategic real estate developments in the Johor-Singapore Special Economic Zone (JS-SEZ).

Refinitiv Lipper Fund Awards 2022

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