KUALA LUMPUR: Hong Leong Asset Management Bhd (Hong Leong AM) gained 16 awards at the Refinitiv Lipper Fund Awards 2022, together with 15 particular person fund awards and notably clinching the Best Equity Group Award – Malaysia Provident for the fifth time.
The group award marks Hong Leong AM’s third consecutive win since 2020, the asset administration agency mentioned in a press release as we speak.
Chief govt officer Hoo See Kheng mentioned the success got here from its time-tested bottom-up stock-picking technique whereby it seeks to realize a ample stage of understanding of an organization, together with the principle drivers of its profitability and enterprise outlook, earlier than initiating a inventory place within the fund.
“This technique has allowed us to repeatedly drive long-term and sustainable fund outperformance, significantly within the native market,” he mentioned. – Bernama
