AmInvest bags M'sia's best ETF provider
Published on: Saturday, August 27, 2016
Kuala Lumpur: AmInvest, the largest exchanged-traded Fund (ETF) provider in the country, has bagged 'Malaysia's Best ETF Provider' award at The Asset Triple A Private Banking, Wealth Management, Investment and ETF Awards 2016.AmInvest is the provider and fund manager for Malaysia's first bond and equity ETFs, ABF Malaysia Bond Index Fund (ABF Malaysia) and FTSE Bursa Malaysia KLCI etf (FBM KLCI etf).In a statement Friday, AmInvest said it has now command 82 per cent of the Malaysian ETFs' market share.
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"We are pleased that our ETF offerings, ABF Malaysia and FBM KLCI etf have been recognised as relevant to meet the evolving needs of our investors."In a span of a year, ABF Malaysia's fund value has experienced phenomenal growth of around 180 per cent, indicating a strong appetite for sovereign risk in this low yield environment, which is now the new norm," said AmInvest chief executive officer Datin Maznah Mahbob. – Bernama