Hong Leong AM's Islamic funds achieve global recognition with 5 fund awards

Hong Leong Asset Management Bhd’s (Hong Leong AM) EPF-approved Islamic funds, Hong Leong Dana Makmur (HL Dana Makmur) and Hong Leong Dana Maa’rof (HL Dana Maa’rof) have received five additional individual fund awards from the Refinitiv Lipper Fund Awards 2022 — Global Islamic Universe.

The new win brings the funds’ tally to 14 individual fund awards.

Hong Leong AM chief executive officer (CEO) Hoo See Kheng said the recognition by Refinitiv Lipper Fund Awards was a testimonial to its investment philosophy and strategies, and is attributed to the investment team who have delivered consistently strong risk-adjusted returns for investors, while complying with Islamic principles.

“We are honoured that our Islamic funds have achieved yet another remarkable win this year,” he said in a statement on Thursday (May 19).

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