The group’s fund management arm, AmInvestment, also bags 2 awards

By TMR

AMBANK Group was recognised as the Best FX Bank for Corporates and Financial Institutions for the eighth consecutive time and Best FX Bank for Structured Products: Commodities, Credit, Equity, FX and Multi-Assets for FX and Treasury segment at the Alpha South-East Asia Awards 2019.

AmBank’s fund management arm, AmInvestment Bank Bhd, was also named Malaysia’s Best Overall Asset and Fund Manager and Malaysia’s Best Asset Manager for Money Market Funds under the Fund Management category.

The awards ceremony was held on Sept 26, 2019, in Kuala Lumpur.

AmBank wholesale banking and head group treasury and markets deputy MD Jamzidi Khalid said: “This recognition reaffirms our capability to leverage on our position as a leading foreign-exchange (FX) house.

“Our inaugural win in the Best FX Bank for Structured Products category demonstrates our commitment to deliver innovative financial solutions for our esteemed clients, especially in this exciting and challenging era.”

AmBank CEO Datuk Sulaiman Mohd Tahir said it was an honour and privilege to be recognised as Malaysia’s Best Overall Asset and Fund Manager, and Malaysia’s Best Asset Manager for Money Market Funds.

“AmInvestment has been managing funds for the past 38 years and we are grateful for the trust our investors have in our capabilities and expertise,” he added.

Alpha South-East Asia is a Hong Kong-based regional institutional investment publication. It has a readership following among pension funds, asset managers and institutional investors across Asia, Europe and the US.