CIMB-Principal wins multiple awards at The Edge-Lipper Malaysia Fund Awards 2013
PRESTIGIOUS AWARDS: Photo shows Munirah posing for a photo with Securities Commission chairman, Datuk Ranjit Ajit Singh and The Edge managing director, Au Foong Yee at the The Edge-Lipper Awards 2013 presentation ceremony. KUCHING: CIMB-Principal Asset Management Bhd (CIMB-Principal) recently won several prestigious awards at The Edge-Lipper Malaysia Fund Awards 2013 and Asia Asset Management’s Best of the Best Awards 2013.
According to a press statement yesterday, “CIMB-Principal clinched the Best Mixed Asset Fund Group award and the Best Mixed Asset Balanced Malaysia (three-year) Fund award for its CIMB Islamic Balanced Growth Fund at the Edge-Lipper Malaysia Fund Awards 2013.” CIMB-Principal deputy chief executive, Munirah Khairuddin received the awards at a presentation ceremony held on February 25, 2013. Asia Asset Management has also awarded the company with the Best Institutional House award in Malaysia, along with other awards: Best Islamic Product for CIMB Islamic PRS Plus, Most Innovative Product for CIMB-Principal PRS Plus and ETF Manager of the Year (for the third consecutive year).
The company has also won the Best New ETF award in the Singapore country category for its CIMB S&P Ethical Asia Pacific Dividend ETF. Commenting on the multiple wins, Munirah said, “We are delighted to win these awards, which recognise our performance and efforts domestically and regionally.
This welcome industry recognition is emblematic of the trust we have built with our clients over time and our ability to successfully scale up our domestic, Asean and Asia-Pacific ex-Japan capabilities with solid investment track records. “These, combined with our strong fund management processes and on-the-ground knowledge and presence, have enabled us to consistently innovate to meet investors’ expectations.” The Edge-Lipper Malaysia Fund Awards recognises the top-performing unit trusts in the country and is one of the most prestigious awards held every year in Malaysia.
The annual Asia Asset Management’s Best of the Best Awards recognises the most outstanding players in the fund management business in Asia. As of January 31, 2013, CIMB-Principal’s total assets under management (AUM) stood at RM35.6 billion.
It has a total of 52 unit trust funds (22 funds are shariah-compliant), nine wholesale funds and two Exchange-Traded Funds. CIMB-Principal is also one of the largest institutional money managers in Malaysia.
