AmInvest triumphs as Malaysia’s Best Pension Fund Manager for the second time

KUALA LUMPUR: AmInvest has been awarded a second consecutive win as Malaysia’s Best Pension Fund Manager by Asia Asset Management at its 2020 Best of the Best Awards.

The Awards recognise the most outstanding players in the funds management business in Asia.

Asia Asset Management had assessed AmInvest over threeyear and five-year periods on how it has managed its domestic pension mandates and its Private Retirement Scheme (AmPRS) funds, the size of these mandates and returns against relevant benchmarks, as well as investor education initiatives undertaken.

Commenting on the win, Datuk Sulaiman Mohd Tahir, group chief executive fficer of AmBank Group said, “We have been managing funds for 39 years now, and our team’s ability to identify investment opportunities in an everchanging market environment has been key in helping our investors to grow their retirement portfolios.”

AmInvest’s pension business has been on an upward trend throughout the years. Over the last five years as at December 2019, AmInvest’s pension mandates and AmPRS funds’ assets under management has grown by 28 per cent or around RM3.1 billion.

“We offer one of the most diverse range of retirement solutions in the market in terms of asset classes comprising 9 AmPRS funds³ for Malaysian investors to choose from according to their respective retirement needs, goals and risk tolerance. We are also the only Private Retirement Scheme provider in the country to offer unique AmPRS non-core fund offerings, namely two bond funds, AmPRS-Tactical Bond and AmPRS-Dynamic# Sukuk which is a syariahcompliant fund,” Seohan Soo, chief executive officer of AmInvestment Bank added.

Throughout the years, AmInvest has received various awards for its expertise as well as capabilities in managing pension funds. Asia Asset Management is a publication based in Hong Kong which provides news on the Asian asset management industry. — Bernama