CIMB-Principal records over RM80b AUM

KUALA LUMPUR: The CIMB-Principal Asset Management Group of companies has reported RM81.3 billion in assets under management (AUM) as of December 31 last year.

In Malaysia, CIMB-Principal Asset Management Bhd (CIMBPrincipal Malaysia) continues to uphold its position as one of the leading asset management firms.

CIMB-Principal Malaysia chief executive officer MunirahKhairuddin said: “Our top dividendpaying unit trust funds for 2018 include CIMB-Principal DALI Equity Growth Fund, CIMB Islamic Balanced Fund, CIMB-Principal Equity Fund, CIMB-Principal Equity Growth & Income Fund, CIMB-Principal Balanced Fund and CIMB-Principal Bond Fund, with yields ranging from 3.31 to 7.98 per cent.”

The firm also announced a dividend distribution totalling RM166.77 million for 23 of its funds, for the fourth quarter of last year. It has a total of 75 funds (including conventional and Islamic funds, as well as exchangetraded funds) and 10 private retirement funds.

CIMB-Principal Malaysia received prestigious recognition at The Edge-Thomson Reuters Lipper Fund Awards 2018 with six trophies, Fundsupermart.com’s “Fund House of the Year” award, Recommended Unit Trust 2018/2019 awards for six funds and Best Wealth Manager in Malaysia at The Asset Triple A Private Banking, Wealth Management, Investment and ExchangeTraded Fund (ETF) Awards 2018.

These awards are testament to its expertise and excellence in asset management.

The CIMB-Principal Group comprises CIMB-Principal Malaysia and CIMB-Principal Islamic Asset Management Sdn Bhd, as well as Indonesia’s PT CIMB-Principal Asset Management, Thailand’s CIMB-Principal Asset Management Co Ltd and Singapore’s CIMB-Principal Asset Management Pte Ltd. Bernama