KUALA LUMPUR, 16 October 2019 – AmInvest has been recognised as Malaysia’s Best ETF Provider for the fourth consecutive year at The Asset Triple A Private Banking, Wealth Management, Investment and ETF Awards 2019 (“the Award”).
Commenting on the win, Dato’ Sulaiman Mohd Tahir, AmBank Group Chief Executive Officer said, “We are honoured that AmInvest has been recognised as Malaysia’s Best ETF Provider for the fourth year in a row for providing the most appropriate ETF products for its clients. AmInvest is the largest ETF provider in the country with around RM1.6 billion worth of assets under management.”
“AmInvest pioneered the country’s first and only bond ETF, namely ABF Bond Index Fund (“ABF Malaysia”) in 2005 and the first equity ETF, FTSE Bursa Malaysia KLCI etf (“FBM KLCI etf”) in 2007. ABF Malaysia’s portfolio consists of mainly Malaysian government bonds. It tracks the performance of Markit iBoxx®ABF Malaysia Bond Index. FBM KLCI etf is designed to follow the performance of its benchmark index, FTSE Bursa Malaysia KLCI, which comprises Malaysia’s top 30 largest companies in terms of market capitalisation”, Mr Seohan Soo, AmInvestment Bank Bhd Chief Executive Officer explained.
“As such, our investors are able to have easy access to Malaysian bonds and equities in a cost efficient manner via our stock exchange, Bursa Malaysia”, he added.
Asset Publishing & Research Limited is a financial publishing group in Asia-Pacific based in Hong Kong, whose publications are targeted at Asian issuers and global institutional investors.