(Second from left) Thio Boon Kiat, Group CEO of UOB Asset Management (UOBAM), receives the Asia Fund House of the Year award. Image: UOBAM

UOB Asset Management Ltd (UOBAM) was named as the Asia Fund House of the Year at the recent Asian Investor Asset Management Awards 2019 in Hong Kong.

The award was given in recognition of UOBAM’s focus on regional growth and the use of technology to make investing simpler, smarter and safer for its clients.

It also acknowledged the UOBAM as one of the best overall fundhouse in Asia Pacific, which excels in business strategy, execution, investment performance, asset gathering and innovation.

In 2018, the fund house launched 10 products across the region to help investors diversify their portfolios to meet different investment needs and goals through a number of products including United SGD Fund, United Income Focus Fund and United Global Quality Growth Fund through Baiduri Capital Sdn Bhd.

UOBAM also stepped up its responsible investing efforts last year, with environmental, social and governance criteria incorporated into its investment research and evaluation processes for equities, Asian and Singapore bonds as well as investment grade US corporate bonds.

Another key initiative for UOBAM last year was the launch of Singapore’s first corporate digital advisory service which offers customised investment portfolios to help corporate investors meet their companies’ specific investment goal.

Despite being mooted in Thailand, such service however has yet to reach Brunei.

UOBAM’s Group CEO Thio Boon Kiat said: “Keeping our clients at the heart of what we do and demonstrating our enterprising spirit are foundational to UOBAM. We will continue to strive towards our ambition of becoming the region’s leading asset manager and to develop our people and franchise further as we provide investment solutions for every generation of investors across Asia.”

UOBAM also won the Asia Fund House of the Year award in 2016.

BANDAR SERI BEGAWAN | The Bruneian

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