Last updated  : 10/8/21 2:42 PM     

EPF EXTERNAL FUND MANAGERS DELIVER GOOD PERFORMANCE DESPITE CHALLENGING CONDITIONS IN 2020

KUALA LUMPUR, 8 October 2021: The Employees Provident Fund (EPF) announced that a total of RM155.18 billion had been outsourced to external fund managers as at 31 December 2020. This allocation, invested across both equity and fixed income instruments, represented 15.55% of the EPF’s total investment assets.

EPF Chairman Tan Sri Ahmad Badri Mohd Zahir said, “In the midst of global market uncertainties and volatilities caused by the COVID-19 pandemic, the external fund managers continued to ensure good performance and deliver results that are within the EPF’s risk return objectives.

“As our fund size grows, we will continue to outsource a portion of our funds to optimise returns and enhance the performance of our assets. Our external fund managers’ insights and capabilities have become among the factors contributing to the success of the EPF and the well-being of our members, which is imperative in this difficult economic time.”

For the 2021 External Fund Managers Award, 19 awards comprising 9 categories for Fixed Income and 10 categories for Equity were accorded to the top external fund managers in recognition of their stellar performances.

For the financial year ended 2020, the EPF delivered a dividend rate of 5.20% with a pay out of RM42.88 billion for Simpanan Konvensional, and 4.90% with a pay out of RM4.76 billion for Simpanan Shariah. Cumulatively, the total pay out for 2020 amounted to RM47.64 billion.

In line with its goal of sustainable investing, the EPF has also been working closely with external fund managers on Environmental, Social and Governance (ESG) initiatives in creating awareness and incorporating sustainability parameters in their investment processes.

“We are confident that our fund managers will continue to deliver superior performance and  maintain high governance standards in managing EPF’s portfolios, while ensuring the sustainability of our assets over the long term,” added Tan Sri Ahmad Badri.

See Appendix for list of award winners.

Issued by the EPF Media Desk
Corporate Affairs Department
8 October 2021
 

About the Employees Provident Fund (EPF)

The Employees Provident Fund (“EPF”) is one of the oldest retirement funds in the world. Established in 1951, the EPF is a social-security organisation focused on safeguarding member savings and delivering excellent services. In recent years, in line with its vision of helping members achieve a better future, the EPF has expanded its role to encompass the creation of a comprehensive social well-being ecosystem. Today, the EPF remains steadfast in its commitment to members through consistent efforts to update and improve itself, in order to build the foundation for sustainable, holistic and equitable well-being for all Malaysians

 

APPENDIX

Award Winners for Equity Mandates

No.

Category

Award Recipient

1

Best 3-Year ROI International Equity Fund Manager for MSCI Ethical Asia (ex Japan ex Malaysia) 2020

Amundi Malaysia Sdn Bhd

2

Best 3-Year ROI International Equity Fund Manager for MSCI Shariah Asia (ex Japan ex Malaysia) 2020

Nomura Islamic Asset Management Sdn Bhd

3

Best 3-Year ROI International Equity Fund Manager for FTSE Ethical World Developed 2020

BNP Paribas Asset Management Malaysia Sdn Bhd

4

Best 3-Year ROI International Equity Fund Manager for FTSE Shariah World Developed 2020

BNP Paribas Asset Management Najmah Malaysia Sdn Bhd

5

Best International Equity Fund Manager for FTSE Asean All Shares Ethical Index ex Malaysia 2020

Franklin Templeton Asset Management (Malaysia) Sdn. Bhd.

6

Best International Equity Fund Manager for MSCI Ethical Asia (ex Japan ex Malaysia) 2020

Nomura Asset Management Malaysia Sdn Bhd

7

Best International Equity Fund Manager for MSCI Shariah Asia(ex Japan ex Malaysia) 2020

Nomura Islamic Asset Management Sdn Bhd

8

Best International Equity Fund Manager for FTSE Ethical World Developed 2020

Nomura Asset Management Malaysia Sdn Bhd

9

Best International Equity Fund Manager for FTSE Shariah World Developed 2020

BNP Paribas Asset Management Najmah Malaysia Sdn Bhd

10

Best Domestic Equity Fund Manager (Shariah) 2020

AIIMAN Asset Management Sdn Bhd

Award Winners for Fixed Income Mandates

No.

Category

Award Recipient

1

Best 3-Year ROI Global Bond Fund Manager 2020

Amundi Malaysia Sdn Bhd

2

Best 3-Year ROI Global Sukuk Fund Manager 2020

Principal Islamic Asset Management Sdn Bhd

3

Best 3-Year ROI Emerging Market Debt Fund Manager 2020

Amundi Malaysia Sdn Bhd

4

Best 3-Year ROI Domestic Fixed Income Fund Manager 2020

Affin Hwang Asset Management Berhad

5

Best 3-Year ROI Domestic Sukuk Fund Manager 2020

BNP Paribas Asset Management Najmah Malaysia Sdn Bhd

6

Best Global Bond Fund Manager 2020

Amundi Malaysia Sdn Bhd

7

Best Global Emerging Market Debt Fund Manager 2020

Amundi Malaysia Sdn Bhd

8

Best Domestic Fixed Income Fund Manager 2020

AmFunds Management Berhad

9

Best Domestic Sukuk Fund Manager 2020

Nomura Islamic Asset Management Sdn Bhd