Yeoh Kim Hong, CEO, Public Mutual, commented: “We are honored to be presented with 10 Global Islamic Fund awards for the Refinitiv Lipper Fund Awards 2020. This global recognition is a testament that Public Mutual’s prudent investment philosophy, concentrating on strong fundamentals and resilient earnings has proven to be the best recipe for our success. We thank our unitholders and unit trust consultants (UTCs) for their support and confidence in us”
Amr Abol Enein, Managing Director and Head of CI Capital Asset Management, commented: “This highly regarded award and regional recognition of “Estithmar Fund” reflects continuous success and outperformance relative to its peers in Egypt and MENA markets, paying tribute to outstanding fund performance and posting the highest cumulative returns in both absolute and risk-adjusted bases over the past 3 and 5 years’ horizons and are a continuation of the prestigious awards won by the Fund by local and international organizations”.
Ismitz Matthew De Alwis, Executive Director & Chief Executive Officer of Kenanga Investors Berhad, said: “We are honored to have been awarded the Malaysia Best Equity Fund over 10 years title at the prestigious 2020 Refinitiv Lipper Global Islamic Fund Awards. We foster a culture of excellence and the strength of our business is rooted in our focus on our clients and our people. This award serves as a testament to what we do here, that is, ensuring Consistent and sustainable Top Performance. We have been steadfastly committed to putting our clients' interests first and this award further reaffirms our deep knowledge of local markets, and the breadth of our extensive investment capabilities, which are among the most innovative within the market, locally and in the region.”
“It is an honour for HLAM to be recognized for its performance under the category of Equity Malaysia – Malaysia Islamic Funds and Global Islamic by Refinitiv Lipper Fund Awards. The Fund has seen consistent capital growth through prudent investments which were in compliance with Islamic principles by our investment team who is committed to ensuring strong risk-adjusted performance for the Fund. We attribute the winning streak to adhering to our bottom-up stock picking strategy which has been effective in generating good returns for the Fund these past few years.” said Mr. Hoo See Kheng, Chief Executive Officer of HLAM.
“We thank our investors for their steadfast trust in us and for remaining invested in HLAM and our other Shariah funds. We will continue to uphold our commitment to providing the same high level of service to our investors.” Mr Hoo added.
“We are very honored to win this prestigious award. This is an extraordinary acknowledgment that we have received in the midst of the COVID-19 pandemic. With all the uncertainty economic conditions, we believe that this award will increase the credibility of our funds, and help get credentials and investment quality among our clients," said Edward Lubis, President Director of Bahana TCW.
The influential and prestigious Refinitiv Lipper Fund Awards are based on our Lipper Leaders Rating for Consistent Return (please click here to see the full list of winners for Arabian Markets and here for the Global Islamic Markets). Individual classifications of three, five, and ten-year periods, as well as fund families with high average scores for the three-year period are also recognized. The awards are based on Lipper’s proven proprietary methodology, which can be viewed here.
Refinitiv Lipper data covers more than 330,000 share classes in 86 countries. The Lipper Leader ratings are available for mutual funds registered for sale in 47 markets.
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About Refinitiv Lipper Fund Awards:
For more than 30 years and in over 17 countries worldwide, the highly-respected Refinitiv Lipper Awards have honored funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance relative to their peers and focus the investment world on top-funds. The merit of the winners is based on entirely objective, quantitative criteria. Find out more at www.lipperfundawards.com.
The Refinitiv Lipper Fund Awards do not constitute and are not intended to constitute investment advice or an offer to sell or the solicitation of an offer to buy any security of any entity in any jurisdiction. As a result, investors should not make an investment decision based on this information. Refinitiv Lipper Fund Awards designations are for information purposes only. Refinitiv Lipper is not responsible for the accuracy, reliability or completeness of the information obtained from Refinitiv Lipper. In addition, Refinitiv Lipper will not be liable for any loss or damage resulting from information obtained from Lipper or any of its affiliates. Past performance is not necessarily a guide to future performance and investors should remember that past performance is not a guarantee of future results.
Middle East, Africa, Central & Eastern Europe
© Press Release 2020