KENANGA INVESTORS BAGS 3 AWARDS
It’s named best in equity manager, wealth management platform and investor education
KENANGA Investors Bhd bagged three awards at the 2019 Best of the Best Awards by Hong Kongbased Asia Asset Management held in Singapore recently.
It bagged Malaysia Best Equity Manager, Malaysia Best Wealth Management Platform and Malaysia Best Investor Education.
Kenanga Investors chief executive officer and executive director Ismitz Matthew De Alwis said the firm was able to produce returns and stay ahead of its peers due to its bottom-up stock-picking strategy.
“We identify quality stocks generally undervalued relative to their intrinsic value. Despite experiencing a relatively bearish environment last year, we were able to deliver consistent, riskadjusted
returns. It shows that outperformance during market uptrend is just as important as protecting our downside when the opposite occurs,” he said in a statement.
The Malaysia Best Equity Manager is a recognition of the success of the fund house’s equity products within domestic market, given the challenging trading conditions and its abilities in capturing potential growth opportunities.
The Malaysia Best Investor Education recognises Kenanga Investors’ role in raising awareness of financial planning in order to enhance retirement savings.
The Malaysia Best Wealth Management Platform recognises the firm for providing a holistic financial approach to wealth management.
On some of the challenges with regards to investor education in Malaysia, De Alwis said investors falsely believe they would be able to survive on their Employees Provident Fund’s savings upon retirement age.
“Others lack interest in learning more about the financial market, which leaves them susceptible to scams or choose the wrong investment vehicle.”
Kenanga Investors received the green light from the Securities Commission to proceed with the offering of financial planning services in January last year.
The platform operates on an open architecture model, which includes services such as education planning, investment planning, insurance planning, estate planning, retirement planning, succession planning and tax planning.