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CIMB-Principal Honoured With More Regional Awards
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Kuala Lumpur: CIMB-Principal Asset Management Berhad (“CIMB-Principal”) continues to gain momentum in the industry as it received more prestigious regional awards --- recently sweeping three awards at the 5th Failaka Islamic Fund Awards and pocketing another at the Morningstar (Malaysia) Fund Awards 2009.

Campbell Tupling, Chief Executive Officer of CIMB-Principal said, “These awards validate the company’s investment capabilities and consistent performance, and we thank our investors for their trust in us. The regional recognition for our Asia Pacific [ex Japan] investment expertise is particularly rewarding. We are also pleased to note that performance of Shariah investments have proven that it is completely on par to those of conventional investments.”

At the Failaka Islamic Fund Awards ceremony held in Dubai, CIMB-Principal won:

  • Best Asian Equity – 1 Year category award for CIMB Islamic Asia Pacific Equity Fund;
  • Best Malaysian Equity – 5 Years category award for CIMB Islamic Equity Fund; and
  • Best Malaysian Equity – 1 Year category award for CIMB Islamic Equity Aggressive Fund

CIMB-Principal also won an award at the recent Morningstar (Malaysia) Fund Awards 2009 for CIMB Islamic Balanced Fund in the Islamic Balanced Fund category. The award recognises the fund’s achievement in adding the most value within its peer group for investors over the past year and over the longer-term.

As at 31 March 2010, CIMB-Principal’s asset under management (AUM) stands at RM22 billion.

 

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