A year of triple black swan events is how Gan Eng Peng, senior director at Affin Hwang Asset Management Bhd, depicts 2020. They were the Covid-19 pandemic, the collapse of the Pakatan Harapan government and crude oil prices falling into negative territory — the first time in history.

Resilience in a year of black swan events

An unwavering bottom-up, fundamentals-driven and structured team-based approach helped UOB Asset Management (M) Bhd win three awards at the Refinitiv Lipper Fund Awards 2021. The awards are the Best Mixed Asset MYR Conservative (won by United Income Plus Fund) and Best Equity Asean (Malaysia) (wo...

UOB Asset Management takes home three awards

At the start of 2020, when global markets were not looking too good, the thinking then among many fund managers was that it would be tough to bring in returns that matched those of previous years.

Indeed, when the global markets crashed in March as the Covid-19 pandemic heightened and w...

Winners List

Areca Capital Sdn Bhd bagged four awards at the Refinitiv Lipper Fund Awards 2021. This was the fourth time in a row that the fund house was taking home the awards for Best Equity Malaysia in the three-, five- and 10-year categories. It also achieved a first by clinching the award for Best Equity...

Areca continues winning streak

Public Mutual Bhd dominated the Refinitiv Lipper Fund Awards 2021, bagging three group and 31 individual awards — the greatest number of awards won by a fund management company — retaining its winning streak for three years running.

The fund house clinched the Best Equity Malaysia, Best...

Public Mutual biggest winner with 34 awards

“Greater prudence from fund managers globally, combined with increased regulatory oversight in emerging markets, will help mitigate the...

A year of unprecedented challenges and resilience

KAF Investment Funds Bhd (KAF) emerged as a winner at this year’s Refinitiv Lipper Fund Awards with three winning funds.

KAF Bond won the Best Bond MYR (Malaysia) award in the 10-year category, while KAF Jade won the award for the Best Equity Asia Pacific (Malaysia) in the three-year ca...

KAF Investment Funds bags three awards

The awards methodology and guidelines for the Refinitiv Lipper Fund Awards are provided below:

General methodology

Criteria (cumulative)


	    Funds registered for sale in the respective country as at the end o...

Awards methodology

Pheim Asset Management Sdn Bhd took home six awards at this year’s Refinitiv Lipper Fund Awards. For the sixth consecutive year, Dana Makmur Pheim swept the award for Best Mixed Asset MYR Balanced (Islamic) in the 10-year category. The fund also took home the award for Best Mixed Asset MYR Balanc...

Pheim Asset Management garners six awards 

RHB Asset Management Sdn Bhd’s RHB Thematic Growth Fund won the award for Best Mixed Asset MYR Flexible (Provident) in the three-year category at the Refinitiv Lipper Fund Awards 2021. It was the first Refinitiv Lipper award for the fund, which invests in securities of Malaysian companies that be...

RHB’s fund wins first Refinitiv Lipper award

Principal Asset Management Bhd ­(formerly known as CIMB-Principal Asset Management Bhd) took home an individual fund award at the Refinitiv Lipper Fund Awards 2021.

The fund management firm rode through an unprecedented year of Covid-19-enforced economic lockdowns to bag an award in the...

Principal Asset Management wins one award

Affin Hwang Asset Management Bhd (AHAM) won four awards at the Refinitiv Lipper Fund Awards 2021. For the fourth year running, its Affin Hwang Select Opportunity Fund won the award for Best Equity Malaysia Diversified (Provident) in the 10-year category. 

Other funds in the limelig...

Affin Hwang bags four awards 

AmanahRaya Investment Management Sdn Bhd (ARIM) took home four fund awards at this year’s Refinitiv Lipper Fund Awards. AmanahRaya Unit Trust snagged the awards for Best Bond (MYR) in the three- and five-year categories while AmanahRaya Syariah Trust won the awards for Best Bond MYR (Islamic) in ...

AmanahRaya Investment Management wins four awards

Maybank Asset Management Sdn Bhd once again landed a winning spot at the Refinitiv Lipper Fund Awards 2021, with two fund awards this year.

Maybank Malaysia Income (MMI) took home the award for Best Bond MYR (Provident) in the 10-year category, with a return of 116.77% over the period. ...

Two awards for Maybank Asset Management

Defence Minister Datuk Seri Mohamed Khaled Nordin said the government had no plans to temporarily suspend the service of Fennec and HOM helicopters.

Govt not suspending service of Fennec and HOM helicopters, says minister

It will be a four-way fight in the upcoming Kuala Kubu Bahru by-election between Pakatan Harapan’s pick Pang Sock Tao, Hulu Selangor Bersatu action division head Khairul Azhari, Parti Rakyat Malaysia’s Hafizah Zainudin and independent Nyau Ke Xin.

NEWS: Four-cornered fight in KKB by-election

Parti Rakyar Malaysia’s Hafizah Zainudin says that if elected, PRM will stand on a platform of increased transparency in government.

NEWS: Parti Rakyat Malaysia will run on more transparency

The Malaysian Palm Oil Association (MPOA) said there is an urgent need to accelerate replanting to address the issue of ageing oil palm trees, and urges the government to provide replanting tax incentives to support such efforts.

Ageing oil palm trees: MPOA calls for govt incentives to speed up replanting

Pakatan Harapan’s Pang Sock Tau, who will be representing her party in the Kuala Kubu Bahru by-elections, says that amid all the noise, her focus will be on the rakyat’s issues, especially those concerning the youth and women.

NEWS: PH campaign to focus on core issues

Former prime minister Datuk Seri Najib Razak was never confronted by the Malaysian Anti-Corruption Commission (MACC) on whether Blackstone Asia Real Estate Partners — which received millions from 1Malaysia Development Bhd (1MDB) and transferred it to his private banking account — was controlled or owned by fugitive Eric Tan Kim Loong, an alleged associate of Low Taek Jho or Jho Low.

Court told MACC never asked Najib if he knew who owned shell company that transferred US$30 mil to his account

PN chairman Tan Sri Muhyiddin Yassin is confident of the coalition’s odds in the Kuala Kubu Bahru by-election, and says the experience of its candidate, Khairul Azhari Saut, gives him an edge over the others.

NEWS: PN confident of wresting KKB seat

BN chairman Datuk Seri Dr Ahmad Zahid Hamidi said it is time to repay PH’s favour in the Kuala Kubu Bahru by-election. He is also hopeful that MCA will still join the unity coalition's campaign.

NEWS: Time for BN to repay PH’s favour, says Zahid

Bank of Singapore Ltd, the private-banking arm of Oversea-Chinese Banking Corp (OCBC), has fired up to 40 employees over the misuse of medical benefits, according to a CNA report.

Singapore bank fires workers over misuse of medical claims — CNA

The Kuala Kubu Baharu (KKB) state by-election is the time for Barisan Nasional (BN) to return Pakatan Harapan’s (PH) favour in assisting Umno candidates in the previous elections, said Datuk Seri Dr Ahmad Zahid Hamidi.

Time for BN to return PH's favour in Kuala Kubu Baharu by-election, says Zahid

The creation of Flexible Account 3 for anytime withdrawals from May 11 means Employees Provident Fund (EPF) members can choose to take out up to a third of the balance in their existing Wellbeing Account 2.

Who pays for anytime EPF withdrawals?

The Kuala Kubu Baharu (KKB) state by-election will see a four-cornered fight between the candidates of Pakatan Harapan (PH), Perikatan Nasional (PN), Parti Rakyat Malaysia (PRM), and an independent.

A four-way bout in Kuala Kubu Baharu by-election

Former prime minister Datuk Seri Najib Razak was never confronted by the Malaysian Anti-Corruption Commission (MACC) on whether Blackstone Asia Real Estate Partners — which received millions from 1Malaysia Development Bhd (1MDB) and transferred it to his private banking account — was controlled or owned by fugitive Eric Tan Kim Loong, an alleged associate of Low Taek Jho or Jho Low.

Kuala Lumpur Kepong Bhd (KLK) is investigating allegations of unethical recruitment practices made against the sub-agents of SOS Manpower Service, its appointed agent to recruit Nepalese foreign workers for its subsidiary&nbsp;KL-Kepong Rubber Products Sdn Bhd.

The allegations, according to KLK, were made by Sajha Sabal Media, a news portal in Nepal.

KLK investigating allegations of unethical practice linked to its foreign worker recruitment agent

Global&nbsp;stocks were higher on Friday, as Big Tech gains lifted Wall Street shares, while Japan's yen&nbsp;sank to a&nbsp;34-year low after the Bank of Japan (BOJ)&nbsp;kept&nbsp;monetary policy loose.

Global stocks gain on Big Tech lift; yen slides to 34-year low

Alphabet Inc&nbsp;closed decisively above a US$2 trillion (RM9.54 trillion) market capitalisation for the first time on Friday, as a powerhouse earnings report reassured investors that the Google parent would be a major player in artificial intelligence (AI).

Alphabet joins US$2 trillion club as results show AI strength

Bank of Singapore Ltd, the private-banking arm of Oversea-Chinese Banking Corp (OCBC), has fired up to 40 employees over the misuse of medical benefits, according to a CNA report.

The Perak government is expected to establish cooperation with Star Group Industries (SGI), a leading South Korean company with experience in the production of downstream products of rare earth elements (REE).

Perak to collaborate with rare earth elements company from South Korea, says MB

Richly valued US&nbsp;stocks are leaving investors with little tolerance for disappointment, raising the stakes ahead of a week in which two more technology and growth giants are set to report.

Lofty US stocks leave investors punishing earnings disappointments

The nomination centre&nbsp;for the Kuala Kubu Baharu state by-election closed at 10am on Saturday.

The announcement was made by returning officer Yuhanas Auree Kamaruddin&nbsp;at the Hulu Selangor Multipurpose Hall and District Sports Complex here.

Nomination centre for Kuala Kubu Baharu by-election closes at 10am

Candidates contesting the upcoming Kuala Kubu Bharu by-election, a semi-urban seat located in the Hulu Selangor district, have started executing their campaign strategies over the weekend. The by-election is being held following the demise of its incumbent, Lee Kee Hiong from DAP, on March 21 due to cancer.

The Week Ahead: Attention on KKB by-election, FOMC decision, trade data in Asia

Singapore will introduce a new law this year that will help so-called gig-economy workers plan for their retirement needs and get work injury protection, Minister for Manpower Tan See Leng said.

Singapore plans law to support gig workers’ retirement needs

The Malaysian Palm Oil Association (MPOA) said&nbsp;there is an urgent need to accelerate replanting to address the issue of ageing oil palm trees, and urges the government to provide replanting tax incentives to support such efforts.

The Kuala Kubu Baharu (KKB) state by-election&nbsp;is the time for Barisan Nasional (BN) to return Pakatan Harapan’s (PH) favour in assisting Umno candidates in the previous elections, said&nbsp;Datuk Seri Dr Ahmad Zahid Hamidi.

US&nbsp;regulators have seized Republic First Bancorp and agreed to sell it to Fulton Bank, the Federal Deposit Insurance Corp (FDIC) said on Friday, underscoring the challenges facing regional banks a year after the collapse of three peers.

US regulators seize troubled lender Republic First, sell it to Fulton Bank

Two earthquakes, the largest a 6.1 magnitude, struck Taiwan's eastern county of Hualien on Saturday, the island's weather administration said, with no immediate reports of damage.

The quakes, within half an hour of each other in the early hours of the morning, shook buildings in the capital, Taipei.

Taiwan rattled by quakes again, no immediate reports of damage

China's industrial profits posted smaller gains for the first quarter compared to the first two months, official data showed on Saturday, adding to evidence of an uneven recovery for the world's second-biggest economy.

China's first-quarter industrial profits rise at slower pace

Nomination&nbsp;for the Kuala Kubu Baharu state by-election opened at 9am on Saturday at&nbsp;the Hulu Selangor Multipurpose Hall and District Sports Complex here.

Nomination opens at 9am for Kuala Kubu Baharu by-election

Apple Inc&nbsp;has renewed discussions with OpenAI about using the start-up’s technology to power some new features coming to the iPhone later this year, according to people familiar with the matter.&nbsp;

Apple intensifies talks with OpenAI for iPhone generative AI features

The Malaysian Anti-Corruption Commission (MACC) has opened an&nbsp;operations room for&nbsp;the public to channel information and complaints of corrupt acts and power abuse in the Kuala Kubu Baharu&nbsp;state by-election.

Refinitiv Lipper Fund Awards 2021

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