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Press Release
29 Jul | Monday
AmInvest receives Global Recognition as Best Islamic Fund Manager

AmInvest was conferred the global Best Islamic Fund Manager award at the 7th London Sukuk Summit held recently in London. The award was presented at the London 2013 Sukuk Summit Awards that recognises outstanding global achievements in the Islamic finance industry.

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

The winner of the award was selected by a panel of judges made up of respected industry experts from across the GCC (Gulf Cooperation Council), Europe and the South East Asia who are responsible for nominating those institutions and individuals that are deemed to have attained outstanding achievement(s), success and excellence over the past 12 months and nominations by the general public1.

“This global accolade of this stature validates our expertise and capabilities that we have built over three decades within the industry. It’s a huge honour that our Shariah-compliant capabilities, specialising in Asian equities and global sukuk are now being recognised to be on par with the big market players in the world,” said Datin Maznah Mahbob, Chief Executive Officer, AmInvest.

Within the Malaysian industry, AmInvest’s Islamic asset under management (AUM) has recorded one year growth of 25%, surpassing the industry average of 22% last year2. AmInvest currently manages 82 funds, out of which, 42 are Shariah-compliant funds (Non-ringgit and Ringgit).

“Our strategic focus is to provide global Shariah-compliant investment solutions to global investors and to grow our global footprint. As at April 2013, 64% of AmInvest’s total Islamic AUM was invested in Islamic offshore funds, primarily in sukuks3. We have the capabilities and know how to customize and tailor Shariah-compliant investment solutions through our various innovative offerings and have worked with global fund managers to offer unique fund themes to create value for our investors,” she added.

AmInvest has been the forefront within the Islamic space in product innovation and thought leadership. The most recent accolades bestowed on the company including Malaysia’s Islamic Asset Management House of the Year by The Asset for the second consecutive year4. Earlier in January, AmInvest was also acknowledged as Malaysia’s Islamic Fund House of the Year, as well as the Best Sukuk House by Asia Asset Management5.

Sources
1 2013 Sukuk Summit Awards – London, June 2013
2 Malaysian Association of Asset Managers (MAAM), Lipper Investment Management & AmInvestment Management Sdn Bhd, for the period 31 December 2011 to 31 December 2012 (latest available data). Data extracted 19 June 2013
3 AmInvestment Management Sdn Bhd, for the period 30 April 2012 to 30 April 2013. Data extracted 19 June 2013.
4 The Asset Triple A Islamic Finance Awards 2013, May 2013
5 Asia Asset Management, Best of the Best Awards 2012, January 2013


About AmInvest
AmInvest is the new brand for the funds management business of AMMB Holdings Berhad which manages both conventional and Shariah-compliant funds. It is one of the leading fund management houses in Malaysia and has approximately RM34.4 billion assets under management (AUM) as at 30 June 2013. *

To date, AmInvest manages 82 unit trust funds encompassing both conventional funds and Shariah-compliant funds.**

AmInvest has an award-winning track record spanning more than three decades which includes Best Overall Fund Group by The Edge Lipper Malaysia Fund Awards 2013.

* Lipper Investment Management, AmInvestment Services Berhad, AmInvestment Management Sdn Bhd and AmIslamic Funds Management Sdn Bhd as at 30 June 2013
** AmInvestment Services Berhad as at 30 June 2013


Media contact 
Nancy Chow
Director of Marketing and Product Development, AmInvest
(603) 2036 1881
nancy-chow@ambankgroup.com

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