Last updated : 4/4/19 5:13 PM     

EPF Outsourced RM117.56 Billion To External Fund Managers

KUALA LUMPUR, 28 March 2019: The Employees Provident Fund (EPF) announced that a total of RM117.56 billion had been outsourced to external fund managers as at 31 December 2018, an increase of 2.62 per cent, as compared with RM114.56 billion at the end of 2017. This allocation, invested across both equity and fixed income instruments, represented 14.10 per cent of the EPF’s total investment assets.

 

Speaking at the EPF External Fund Managers Annual Awards 2019 yesterday, held at W Hotel Kuala Lumpur, EPF Chairman Tan Sri Samsudin Osman said, “As the EPF’s fund size grows, we will continue to outsource a portion of our funds to external fund managers as part of our diversification programme and to better manage the performance of our assets.”

 

Starting this year, the EPF’s newly-formed External Fund Managers Department will streamline the monitoring of external fund management across equity and fixed income asset classes, to tap into external fund managers’ specialised range of knowledge, skillsets and exposure in order to deliver sustainable, value-added returns over the long run.

 

Tan Sri Samsudin said the restructuring would provide greater clarity to the EPF’s external fund management activities and make it more effective to monitor performance, communicate and execute EPF’s investment strategies in line with its core investment philosophy of earning superior risk-adjusted returns with a long-term perspective.

 

The EPF External Fund Managers Annual Awards 2019 saw 20 awards being presented to the top performing external fund managers. The objective of the annual award is to recognise the outstanding performance by external fund managers in managing EPF’s investment portfolio.

 

“The EPF sets high standards on our fund performance, and as such we would like to express our highest appreciation to all fund managers for their efforts in delivering to the EPF’s commendable performance over the past year and by extension, to the retirement well-being of our members,” said Tan Sri Samsudin.

 

The list of winners for 2018 is provided in Attachment 1.

 

About the Employees Provident Fund (EPF)

The Employees Provident Fund (EPF) is Malaysia’s premier retirement savings fund to help its members achieve adequate savings for a comfortable retirement. This is in line with EPF’s vision to help members achieve a better future and the mission to safeguard members’ savings and deliver excellent services. The EPF has evolved significantly from transaction-centric to a professional fund management organisation with a strong focus on retirement security. The EPF is guided by a robust and professional governance framework when making investment decisions. It continues to play a catalytic role in the nation’s economic growth and seeks to cultivate a savings and investment culture among its members to improve the country’s financial literacy level.

 

ATTACHMENT 1

 

LIST OF WINNERS FOR EPF FUND MANAGERS ANNUAL AWARDS 2019

 

NO.

AWARDS

WINNERS

1.

Best 3-Year ROI Domestic Equity Fund Manager (Conventional) 2018

Aberdeen Standard Investments (Malaysia) Sdn. Bhd.

2.

Best 3-Year ROI Domestic Equity Fund Manager (Shariah) 2018

AIIMAN Asset Management Sdn. Bhd.

3.

Best Domestic Equity Fund Manager (Conventional) 2018

Nomura Asset Management Malaysia Sdn. Bhd.

4.

Best Domestic Equity Fund Manager (Shariah) 2018

AIIMAN Asset Management Sdn. Bhd.

5.

Best 3-Year ROI International Equity Fund Manager for MSCI Ethical Asia (ex Japan ex Malaysia) 2018

Nomura Asset Management Malaysia Sdn. Bhd.

6.

Best 3-Year ROI International Equity Fund Manager for MSCI Asia Shariah (ex Japan ex Malaysia) 2018

Nomura Islamic Asset Management Malaysia Sdn. Bhd.

7.

Best 3-Year ROI International Equity Fund Manager for FTSE Ethical World Developed 2018

BNP Paribas Asset Management Malaysia Sdn. Bhd.

8.

Best 3-Year ROI International Equity Fund Manager for FTSE Shariah World Developed 2018

Nomura Islamic Asset Management Malaysia Sdn. Bhd.

9.

Best International Equity Fund Manager for MSCI Ethical Asia (ex Japan ex Malaysia) 2018

BNP Paribas Asset Management Malaysia Sdn. Bhd.

10.

Best International Equity Fund Manager for MSCI Asia Shariah (ex Japan ex Malaysia) 2018

Nomura Islamic Asset Management Malaysia Sdn. Bhd.

11.

Best International Equity Fund Manager for FTSE Ethical World Developed 2018

BNP Paribas Asset Management Malaysia Sdn. Bhd.

12.

Best International Equity Fund Manager for FTSE Shariah World Developed 2018

BNP Paribas Asset Management Najmah Malaysia Sdn. Bhd.

13.

Best 3-Year ROI Domestic Fixed Income Fund Manager 2018

Libra Invest Berhad

14.

Best 3-Year ROI Domestic Sukuk Fund Manager 2018

BNP Paribas Asset Management Najmah Malaysia Sdn. Bhd.

15.

Best 3-Year ROI Global Bond Fund Manager 2018

CIMB-Principal Asset Management Berhad

16.

Best 3-Year ROI Global Sukuk Fund Manager 2018

BNP Paribas Asset Management Najmah Malaysia Sdn. Bhd.

17.

Best Domestic Fixed Income Fund Manager 2018

AmFunds Management Berhad

18.

Best Domestic Sukuk Fund Manager 2018

BNP Paribas Asset Management Najmah Malaysia Sdn. Bhd.

19.

Best Global Bond Fund Manager 2018

Affin Hwang Asset Management Berhad

20.

Best Global Sukuk Fund Manager 2018

Franklin Templeton GSC Asset Management Sdn. Bhd.