Tuesday, 27 February 2013
Kuala Lumpur: CIMB-Principal Asset Management Berhad (“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, further cementing its position as one of the premier fund providers in the region.
CIMB-Principal clinched the Best Mixed Asset Fund Group Award and the Best Mixed Asset Balanced Malaysia (3 Year) Fund Award for its CIMB Islamic Balanced Growth Fund at the Edge-Lipper Malaysia Fund Award 2013. Munirah Khairuddin, Deputy Chief Executive of CIMB-Principal received the awards at a presentation ceremony held on 25 February 2013.
Asia Asset Management has also awarded the Company with the Best Institutional House award in Malaysia, along with four other awards: Best Islamic Product for CIMB Islamic PRS Plus, Most Innovative Product for CIMB-Principal PRS Plus, ETF Manager of the Year (for the third consecutive year). In the Singapore country category, it was declared Best New ETF in Singapore for the 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. This, combined with our strong fund management processes and on-the-ground knowledge and presence, have enabled us to consistently innovate to meet investors’ expectations”.
Munirah added, “The hard work of all employees has paid off with tremendous support from our shareholders, CIMB Group and The Principal Financial Group, and our distribution partners. These awards are symbolic of our efforts to continue providing the best for our investors”.
As of 31 January 2013, CIMB-Principal’s total assets under management (AUM) stood at RM35.6 billion. Ithas a total of 52 unit trust funds (22 funds are Shariah-compliant), 9 wholesale funds and 2 Exchange-Traded Funds (ETFs). CIMB-Principal is also one of the largest institutional money managers in Malaysia.
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