Kenanga Investors Bhd recently clinched the 2016 Asia Investment Management Award by Institutional Investor, a New York-based financial magazine – for its Kenanga Growth Fund (KGF). The award was under the Malaysia Equity Fund category for three-years and 10-years where it was ranked number one. The award was to recognise KGF’s consistent performance in delivering solid returns with annualised returns of 14% and 17% respectively.
Kenanga Investors executive director and CEO Ismitz Matthew De Alwis (pic) attributed the win to Kenanga Investors’ investment strategy on rigorous stock-picking on fundamentally attractive and undervalued stocks to ensure continuous outperformance relative to its peers.
As at Jan 31, 2017, KGF outperformed its benchmark to deliver a total return of 7.86% (one year), 37.28% (three years), 96.24% (five years) and 302.39%* (10 years). KGF aims to provide clients with long-term capital growth by investing primarily in Malaysian equities and securities of companies with strong fundamentals that are undervalued to cater to the diverse needs of our clients.
Institutional Investor holds its own among the world’s leading financial publications and offers a host of proprietary research and rankings that serve as respected industry benchmarks. To identify winners, Institutional Investor screened performance data provided by Morningstar of thousands of asset managers across Asia and selected winners based on a combination of short- and long-term performance.