Tuesday, December 1

AmInvest receives global recognition


KUCHING: AmInvest is Malaysia’s sole recipient of two awards from the International Finance Magazine (IFM) at their Financial Awards 2013 for its funds management category.

The two accolades are Best Islamic Asset Management Company and Best Sukuk House.

The awards honour achievers in the financial services industry who have excelled in their areas of expertise and made contributions through notable activities.

The recipients have been chosen after a thorough selection process by IFM.

The award ceremony will take place in Dubai at the end of this year.

AmInvest is the new brand for the funds management business of AMMB Holdings Berhad which manages both conventional and syariah-compliant funds.

“We are truly honoured to receive these awards which validate our syariah-compliant expertise and capabilities built over three decades in the industry,” said Datin Maznah Mahbob, chief executive officer of AmInvest.

“Our focus has always been to provide the best global investment solutions that cater to the investment needs of global investors, especially in Asian equities and global sukuk.

“We see the demand for syariah-compliant solutions increasing and we have the building blocks in place to support our niche to offer Asian equities and global sukuk investment solutions.

“Investors will look for similar risk-adjusted returns that they have enjoyed in their conventional investments in the form of syariah-compliant investments.

“Innovation, which is reflected in our fund offerings, has been our key engine of growth and our key point of differentiation among market players,” she added.

AmInvest has been at the forefront of the Shariah-compliant space especially in the area of product innovation and thought leadership.

Recently, AmInvest wasconferred the global award for Best Islamic Fund Manager at the 7th London SukukSummit recognising our global achievements in the Islamic finance industry.

The group also garnered the award for Malaysia’s Islamic Asset Management House of theYear by The Asset for the second consecutive year.