CPAM Group achieves over RM80bil AUM in 2018


KUALA LUMPUR: The CIMB-Principal Asset Management Group (CPAM Group) of companies has reported RM81.3 billion in assets under management (AUM) as of Dec 31, 2018.

In Malaysia, CIMB-Principal Asset Management Bhd (CIMB-Principal Malaysia) continues to uphold its position as one of the leading asset management firms.

CIMB-Principal Malaysia chief executive officer, Munirah Khairuddin, said in a statement today: “Our top dividend-paying unit trust funds for 2018 include CIMB-Principal DALI Equity Growth, CIMB Islamic Balanced, CIMB-Principal Equity, CIMB-Principal Equity Growth  and  Income, CIMB-Principal Balanced and CIMB-Principal Bond, with yields ranging from 3.31 per cent to 7.98 per cent.” 

The firm also announced a dividend distribution for 23 of its funds, totalling RM166.77 million, for the fourth quarter of 2018. 

It has a total of 75 funds (including conventional and Islamic funds, as well as exchange-traded funds) and 10 private retirement funds.

CIMB-Principal Malaysia received prestigious recognition at The Edge-Thomson Reuters LipperFund Awards 2018 with six trophies, Fundsupermart.com's ‘Fund House of the Year' award, Recommended Unit Trust 2018/2019 awards for six funds and Best Wealth Manager in Malaysia at The Asset Triple A Private Banking, Wealth Management, Investment and Exchange-Traded Fund (ETF) Awards 2018. - Bernama

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