RATIONALE: 11TH ANNUAL FUND MANAGEMENT AWARDS 2020

In this section, we publish the results and awards rationale for the 11th Annual Alpha Southeast Asia Fund Management Awards 2020 for the following 30 awards categories.

The aim of the fund management awards is to recognise leading multi-asset fund management companies that provide solid and transparent investment process, secured risk management, proper investment accounting systems, quality investment research, advanced portfolio management and diversification, above par risk-adjusted returns, and overall long-term outstanding fund performance.

Fund Managers that use both a Top-Down approach using Strategic and Tactical Asset Allocation as well as a Bottom-Up approach devising research-driven ideas from analysts and fund managers, using both Qualitative and Quantitative methods.

The awards cover the widest range of investment solutions across local and foreign currencies, asset classes (equities, fixed income, commodities, and alternatives such as real estate and hedge funds) and investment styles, both for retail and institutional clients including government agencies, regulators, corporates, insurance firms, cooperatives, university endowment funds, educational institutions, pension funds, religious organizations and foundations.

The outcome more often than not is based on key players that are visibly more focused on asset allocation and investment advisory, sales quality, and customer satisfaction, rather than aggressively growing in asset size.

Indonesia:

  1. Best Overall Asset & Fund Manager: PT Bahana TCW Investment Management
  2. Best Asset Manager (Fixed Income Funds): PT Bahana TCW Investment Management

 

A leading asset manager with an illustrious investment performance history, Bahana TCW Investment Management is a leading provider of fixed income funds and cross asset investment options in Indonesia, for retail and institutional investors. With a solid track record, investment expertise and an envious pan-Indonesia distributorship footprint, PT Bahana TCW Investment Management is well positioned to entrench its market position for many more years to come, having won this award for five consecutive years, as of 2020.

 

  1. Best Online & Mobile Platform (Asset Manager): PT Mandiri Investasi
  2. Best Fund Manager for Pension Mandates & Private Retirement Schemes: PT Mandiri Investasi

Backed with a solid balance sheet and wide ranging investment solutions, PT Mandiri Investasi is a rising star with some of the best performing funds in Indonesia. The asset manager also has the best online and mobile platform in the country. Helmed by a team of well credentialed investment professionals, investment performance that is well above par, PT Mandiri Investasi is also behind some of the country’s largest pension mandates and private retirement schemes, thanks to the best range of funds at the upper end of the industry average today.

 

  1. Best Fund with the optimal information ratio: PT Schroder Investment Management Indonesia

Established in 1991, PT Schroder Investment Management has withstood the test of time and is often credited for laying the foundation to what is today a thriving asset management market in Indonesia. Schroders Indonesia manages funds exceeding IDR 76.05 trillion (as of December 2019) for its retail and institutional clients in Indonesia including pension funds, insurance companies and social foundations, and is today a leading fund house with the best range of funds with the best optimal information ratio. It leads while others adapt, making Schroder Investment Management a leading asset manager unlike another.

 

  1. Best Fund with the optimal Sharpe ratio: PT Manulife Aset Manajemen Indonesia 

As one of the largest foreign investment management companies in Indonesia, PT Manulife Aset Manajemen Indonesia is a leading provider of multi-asset, debt and equity products and trail-blazing innovative practices in Indonesia. Credited often for setting up benchmarks, PT Manulife Aset Manajemen Indonesia  has the widest range of funds with the best optimal Sharpe ratio, compared to its peers in Indonesia. This has been achieved through its unique portfolio management approach that aims to achieve long-term capital appreciation through its continuously refined and well-disciplined investment process.

 

  1. Best Asset Manager (Money Market Funds): PT Batavia Prosperindo Aset Manajemen

As a local upstart, PT Batavia Prosperindo Aset Manajemen has come a long way. Established in 1996, it has weathered a number of crises to fortress itself as a leading asset manager across key asset classes. Over the last 12 months, many of its money market funds have outperformed market expectations and acted as a safe refuge in a series of storms that has battered the Indonesian capital market. With a rock solid partnership with foreign and local commercial banks, PT Batavia Prosperindo Aset Manajemen is set to continue rising through the ranks and excel as a top quality asset manager.

 

Malaysia:

  1. Best Overall Asset & Fund Manager: AmInvest
  2. Best Asset Manager (Fixed Income Funds): AmInvest

A leading fund manager with an illustrious investment performance history, AmInvest is a leading provider of money market funds and cross asset investment options in Malaysia, for retail and institutional investors. AmInvest has also seen the ups and downs of multiple financial crises over four decades . With a solid track record, investment expertise and a broad pan-Malaysia distributorship footprint, AmInvest as the Best Overall Asset & Fund Manager in Malaysia is well positioned to entrench its market position further for many more years to come.

 

  1. Best Risk-adjusted Returns (ESG Principle Investments only): BIMB Investment Management

As the largest, most innovative Islamic asset manager in the country, BIMB Investment Management is a leading emerging Shariah-ESG fund house in Malaysia, especially given the fast changing landscape in the fund management industry in the country today. By leveraging on its multi-local strategy, BIMB Investment Management has helped numerous retail and institutional investors create a well-diversified investment portfolio for themselves. With an unrivalled reach, BIMB is able to provide unique insights by bringing its wealth of expertise and knowledge about shariah-compliant opportunities unlike another.

 

  1. Best Asset Manager (Money Market & Balanced Funds): Principal Asset Management
  2. Best Absolute Return Strategy: Principal Asset Management

Established in 1994, Principal Asset Management (Principal) has gone through a series of transformations over the years and therefore is staffed with some of the most seasoned and experienced managers in the industry. Managing mutual funds, private funds as well as pension funds for private and public sector institutional investors, Principal excels across multiple asset classes including stocks, bonds and other instruments. Principal also provides bespoke management advisory services for structured funds, both for high net worth individuals and institutional investors.

 

 

  1. Best Online & Mobile Platform (Asset Manager): Affin Hwang Capital Asset Management
  2. Best Fund Manager for Pension Mandates & Private Retirement Schemes: Affin Hwang Capital Asset Management

One of Malaysia’s leading asset management companies, Affin Hwang Asset Management is an independently-managed, bank-backed asset management firm that was established in 2001. Specialising in customised solutions and with an illustrious proven track record in equities, bonds, money market, structured products and other alternative investment instruments, Affin Hwang Asset Management is not only the preferred choice for pension mandates & private retirement schemes but also has the best online & mobile platform in Malaysia, for an asset manager.

 

Philippines:

  1. Best Asset Manager (Fixed Income Funds): BDO Unibank, Inc.,
  2. Best Online & Mobile Platform (Asset Manager): BDO Unibank, Inc.,
  3. Best Fund with the optimal Sharpe ratio: BDO Unibank, Inc.,
  4. Best Fund Manager for Pension Mandates & Private Retirement Schemes: BDO Unibank, Inc.,

As one of the largest investment management companies in the Philippines, BDO Unibank, Inc., is unequivocally the leading provider of multi-asset, debt and equity products and trail-blazing innovative practices in the Philippines. Credited often for setting up benchmarks especially in the equity and fixed income funds realm,  BDO Unibank, Inc., has the widest range of funds with the optimal sharpe ratio, compared to its peers in the Philippines.

 

  1. Best Overall Asset & Fund Manager: BPI Asset Management and Trust Corp.
  2. Best Asset Manager (Money Market Funds): BPI Asset Management and Trust Corp.
  3. Best Fund with the optimal Information ratio: BPI Asset Management and Trust Corp.

 Backed with a solid balance sheet and wide ranging investment solutions, BPI Asset Management and Trust Corp. is a rising star, with some of the best performing money market and balanced funds in the Philippines. Backed by a team of well credentialed investment professionals and an investment performance that is well above par, BPI Asset Management and Trust Corp. is also behind the best range of funds including money market fiunds at the upper end of the industry average today.

 

Thailand:

  1. Best Overall Asset & Fund Manager: Krungsri Asset Management
  2. Best Online & Mobile Platform (Asset Manager): Krungsri Asset Management

An emerging rising star, Krungsri Asset Management focuses on what matters most to its stakeholders. As a versatile fund manager, Krungsri Asset Management offers one of the best online and mobile platforms for its retail and institutional users. The fund has also excelled over the years producing market outperforming returns, thanks in large part to its investment expertise and management strength, re-cornering the award Best Overall Asset & Fund Manager in Thailand.

 

  1. Best Asset Manager (Money Market & Balanced Funds): SCB Asset Management
  2. Best Asset Manager (Fixed Income Funds): SCB Asset Management

As one of the largest investment managers in Thailand, SCB Asset Management is unequivocally the leading provider of multi-asset, money market, fixed income and mixed funds in Thailand. The asset manager is also known locally for its trail-blazing innovative practices in Thailand. Credited often for setting up benchmarks especially in the money market, fixed income and mixed funds realm,  SCB Asset Management has one of the widest range of funds, compared to its peers in Thailand.

 

  1. Best Fund with the optimal Sharpe & Information ratio: Kasikorn Asset Management
  2. Best Fund Manager for Pension Mandates & Private Retirement Schemes: Kasikorn Asset Management

Set up in 1992, Kasikorn Asset Management Co., Ltd. or KAsset is today one of Thailand’s leading fund managers. It has a sizeable market share of private retirement schemes and pension mandates and an enviable track record of above market well-performing funds, across asset classes.  Staffed with highly qualified analysts, researchers and sector specialists, KAsset has leveraged on the latest technological advancements to propel ahead of its key competitors. KAsset also has the best range of funds with the best optimal sharpe and information ratio, making it a true leader in Thailand.

 

 

Vietnam:

  1. Best Asset Manager (Fixed Income Funds): Vietnam Investment Fund Management JSC (VFM)

Vietnam Investment Fund Management (VFM) is the leading domestic fund management company with largest asset under management in Vietnam and preferred choice of investors. As the first and pioneering domestic fund management company in Vietnam, VFM has proven its outstanding investment competency and unparalleled market insight, which have been manifested through the annual fund performance and AUM growth at leading positions in Vietnam market over the years. Within the fixed income realm, VFM continues to outperform many of its competitors and is today and leading player across several asset classes, making VFM the Best Asset Manager (Fixed Income Funds) in Vietnam.

 

  1. Best Overall Asset & Fund Manager: SSI Asset Management (SSIAM)
  2. Best Fund Manager for Insurance, ILP Mandates & Private Retirement Schemes: SSI Asset Management (SSIAM)

One of Vietnam’s leading asset managers, SSI Asset Management (SSIAM) is a 100%-owned subsidiary of SSI Securities Corporation (SSI), a leading securities company in Vietnam. Given its  industry knowledge, unrivalled track record and network let alone its diverse range of products, SSIAM is able to offer high-quality services in management of funds, discretionary/non-discretionary portfolios for local and overseas investors and investment advisory services. With a US$180 million of client assets under management, SSIAM has an approximate 6.3% market share, that is set to grow as the local market evolves over time.

 

  1. Best Risk-adjusted Returns (ESG Principle Investments only): Saigon Asset Management (SAM)

Saigon Asset Management (SAM) is known for its structured macro top-down overlay with an active fundamental bottom-up approach. Its investment style is not hampered by benchmark exposures. Instead, SAM focuses on absolute and total returns, thought leadership, rigorous research, independent thinking and decisive actions, as well as a unique focus on low volatility, high alpha and benchmark unconstrained focuses to guide its investment decisions, making SAM one of the best risk-adjusted asset managers in the country.