Principal reports managing RM88.1bil assets

Chief executive officer Munirah Khairuddin(pic) said: “Our top dividend-paying unit trust funds for the year includes conventional and syariah-compliant funds with yields ranging from 4.2% - 7.4%.

Kuala Lumpur: Principal Asset Management Bhd Group, formerly CIMB-Principal Asset Management Bhd, reported RM88.1bil in assets under management as of December 2019.

The group manages assets of individuals and companies through retirement, insurance and asset management. Set up in June 1994, Principal Asset Management Bhd is headquartered in Malaysia with footprints across Indonesia, Thailand and Singapore.