Kuala Lumpur, March 15 - Hong Leong Asset Management Bhd (“Hong Leong AM”) bagged 15 individual fund awards for the 2nd consecutive year, exemplifying Hong Leong AM’s commitment to delivering persistent, risk-adjusted returns for investors.
Four of Hong Leong AM's EPF-Members Investment Scheme (“MIS”) approved funds have maintained their winning streaks in various categories of the Refinitiv Lipper Fund Award 2023, two of which are Islamic funds.
Hoo See Kheng, Executive Director/Chief Executive Officer of Hong Leong AM said, “We are honoured to be recognised again by the Refinitiv Lipper Fund Awards. The awards serve as validation and testimony to the reliability of our investment philosophy and strategies which are meticulously executed by our professional award-winning investment team.”
“Hong Leong AM continuously refines and adopts appropriate investment strategies to help us navigate through challenging market conditions. Hence, despite the prolonged bear market and harsh macro environment in 2022, our time-tested, bottom-up stock-picking strategy remains consistent in generating long-term, sustainable fund outperformance, especially in the local market,” added Hoo.
“The 2023 Refinitiv Lipper Fund Awards recognise those award winning managers who navigated their shareholders through the impacts of a global pandemic and then the perfect storm of economic shocks leading to generational inflation pressure and global central bank interventions.
Prospects for potential recessionary forces taking hold and subdued returns across most major asset classes in 2023, highlights the need for adept stewardship of one’s investments. Fund managers will need to guide their investors through these challenging times and position them favorably for their eventual recovery.
We applaud the 2023 Refinitiv Lipper Fund Award winners such as Hong Leong AM for delivering outperformance and the accompanying comfort of consistency to investors’ portfolios through a cross-current of global economic disruptions.” Robert Jenkins, Head of Research, Lipper, Refinitiv.
The fifteen awards received by Hong Leong AM for the period ended 31 December 2022 are: 
About Refinitiv Lipper Fund Awards: For more than 30 years and in over 17 countries worldwide, the highly-respected Refinitiv Lipper Awards have honoured 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. This, coupled with the unmatched depth of fund data, results in a unique level of prestige, and ensures the award has lasting value. Renowned fund data and proprietary methodology is the foundation of this prestigious award qualification, recognizing excellence in fund management. Find out more at www.lipperfundawards.com.
About Hong Leong Asset Management Bhd: Hong Leong AM is an asset management company within the Hong Leong Financial Group Berhad group of companies. Hong Leong AM establishes and distributes unit trust funds, wholesale funds, customised portfolio solutions and Private Retirement Scheme to retail and institutional segments. Hong Leong AM’s wholly-owned subsidiary, Hong Leong Islamic Asset Management Sdn Bhd (HLISAM) has been appointed as an external Fund Manager with effect from 17 April 2020, to offer Islamic-based fund management services. Visit http://www.hlam.com.my for more information on the Funds.
Disclaimer:
Before investing, investors are advised to read and understand the contents of the following: · Hong Leong Master Prospectus dated 27 February 2023 (“HLAM Prospectus”) and the Product Highlight Sheet (“PHS”). The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is an objective, quantitative, risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award. For more information, see lipperfundawards.com. Although Refinitiv Lipper makes reasonable efforts to ensure the accuracy and reliability of the data used to calculate the awards, their accuracy is not guaranteed