External Investment Manager
Functions of the External Investment Manager
Maybank Asset Management Sdn Bhd (“MAM”) has appointed the following External Investment Managers (EIMs). The roles and responsibilities of the EIMs is to manage the investment portfolio of the relevant funds in accordance with MAM fund investment objective and subject to the Capital Markets and Services Act 2007 (“CMSA”), the Guidelines and the terms and conditions of the investment management agreement between the EIM and MAM.
Maybank Islamic Asset Management Sdn Bhd ("MIAM")
Maybank Islamic Asset Management Sdn. Bhd. ("Maybank Islamic AM") is a wholly owned entity of Maybank Asset Management Group Berhad and backed by the world's third largest Islamic bank and Malaysia’s largest Islamic Bank – Maybank Islamic Berhad ("Maybank Islamic"). Maybank Islamic is also known as the leading financial services provider in Asean with global presence in key capital markets namely Malaysia, Singapore, Indonesia, London, Labuan, Bahrain and Hong Kong. Maybank Islamic is one of the leading Sukuk arrangers in Global Sukuk League Table.
With solid backing from Maybank Islamic and Maybank Asset Management Group's Asian focused investment expertise and experience in managing Islamic mandates, Maybank Islamic AM is strategically positioned to provide corporates and institutions, high net-worth and individual investors' a gateway to an array of Shariah-compliant investment solutions investing in multi-asset class across diversified geographic regions.
Affin Hwang Asset Management Berhad
Affin Hwang Asset Management Berhad (“Affin Hwang AM”) was incorporated in Malaysia on 2 May 1997 and began its operations under the name Hwang-DBS Capital Berhad in 2001. In early 2014, Affin Hwang AM was acquired by the Affin Banking Group (“Affin”) and hence, is now supported by a home-grown financial services conglomerate. As at LPD, Affin has over 39 years of experience in financial industry which focuses on commercial, Islamic and investment banking services, money broking, fund management and underwriting of life and general insurance business. Meanwhile, Affin Hwang AM has 15 years’ experience in the fund management company. Additionally, Affin Hwang AM is 30% owned by Nikko Asset Management International Limited, a wholly-owned subsidiary of Tokyo-based Nikko Asset Management Co. Ltd, an Asian investment management franchise.
Amundi Malaysia Sdn Bhd
Amundi Malaysia Sdn Bhd (Amundi Malaysia) has been appointed by the Manager as the EIM for the Fund. Amundi Malaysia was established in 2008 with over RM20 billion assets under management (AUM) and is part of Amundi group based in France, the leading asset manager in Europe with over RM5 trillion AUM as at 31 December 2016. Amundi has full-fledged resources including investment management, compliance, risk management and business development & client servicing teams to support clients in Malaysia.
Amundi Malaysia may from time to time appoint investment advisors, including without limitation affiliates and related corporations of the Amundi group, to provide certain investment advisory services in respect of the management of the Fund.
Mellon Capital Management Corporation (“MCM”)
MCM was established in 1983 as an indirect wholly owned subsidiary of Mellon Financial Corporation. On July 1, 2007, The Bank of New York Company, Inc. and Mellon Financial Corporation merged, creating a global leader in asset management and securities servicing – The Bank of New York Mellon Corporation (“BNY Mellon”). As a result, MCM became an indirect wholly owned subsidiary of BNY Mellon. As of December 31, 2016, MCM’s parent company ranks as one of the largest global asset managers with $1.6 trillion in assets under management and is the world's leading asset servicer with $29.9 trillion in assets under custody and/or administration.
MCM has a support and leadership structure through its partnership with BNY Mellon and its large asset management organization. As of December 31, 2016, MCM is one of the largest investment subsidiaries of BNY Mellon with assets under management of approximately $341.1 billion, including overlay, for 335 clients across 1,747 accounts.
MCM is headquartered in San Francisco, and houses a fully integrated investment platform of portfolio management, research, trading, operations, client service and marketing. MCM takes a disciplined and analytical approach to global investment strategies. MCM’s clients include corporate plans, public and labour union retirement plans, endowments, foundations, and the sub-advisory marketplace.
MCM specializes in providing domestic and global asset allocation strategies, traditional and enhanced indexing, active equity and fixed income strategies, alternative investments, currency strategies, active commodities, and overlay strategies.
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