AmInvest Sweeps Best Bond Group and Two Best Fund Awards at LSEG Lipper Fund Awards
KUALA LUMPUR: AmInvest has taken home the Best Bond Fund Family Group Over Three Years – Malaysia award at the LSEG Lipper Fund Awards Malaysia 2024 for the fifth consecutive time.
AmInvest's AmDynamic Bond clinched the best fund award for its ten-year performance in the Bond MYR – Malaysia Pension category, and AmMalaysia Equity emerged as the best fund over ten years under the Equity Malaysia – Malaysia Pension.
AmInvest is the brand name for the fund management business of AmFunds Management Berhad and AmIslamic Funds Management Sdn Bhd, both of which are wholly owned subsidiaries of AmInvestment Bank Berhad.
The annual LSEG Lipper Awards highlights funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers for the year ended December 31, 2023.
Commenting on the wins, Goh Wee Peng, chief executive officer of AmFunds Management Berhad, said, “Being recognised as the Best Bond Group over the last five years is a strong affirmation of our fund managers' capabilities in executing investment strategies impeccably.
"AmDynamic# Bond and AmMalaysia Equity's outperformance is attributed to the flexibility of their investment strategies to dynamically switch between aggressive and defensive stances to capitalise on market conditions.
"These acknowledgements augur well for us particularly at uncertain times where investors are on the lookout for fund managers who can deliver consistent outperformance year after year.”
Meanwhile, commenting on the market moving forward, Wong Yew Joe, chief investment officer of AmFunds Management Berhad, added, “We are optimistic about the outlook of the bond market, which we believe will do well seeing that global interest rates are on a softening trend.
"The local equity market could remain positive given the recently announced government initiatives which should lead the market performance.”