This year’s winners at the Refinitiv Lipper Fund Awards have been announced for Singapore. Based entirely on quantitative criteria, the industry’s premier awards programme recognises the country’s best performing funds through a rigorous and independent assessment process.
- For over 30 years and in 17 countries worldwide, the Refinitiv Lipper Fund Awards have honoured funds and fund management companies that have outperformed their peers on a risk-adjusted basis.
- The awards recognise mutual funds and fund families from across all asset classes, including equity, bond, mixed-asset, commodity and alternatives, with additional awards presented to pension funds and exchange-traded funds in specific fund award universes.
- 2020 was a year like no other. Read what winners say about their achievement and the value these awards create for their firms, clients, and the industry.
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Explore key industry insights and predicted trends from the 2021 fund industry leaders.
In a year where market volatility reached record levels, and where business and operational models were completely upended, recipients of the 2021 Refinitiv Lipper Fund Awards for Singapore deserve a special mention for their resilience to a myriad of market risks, and commendation for their vision, innovation and mastery of today’s rapidly evolving financial markets. Congratulations to each winner.
The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers.
The awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for consistent return (effective return) value in each eligible classification wins the Refinitiv Lipper Fund Award.
Winners of the 2021 Refinitiv Lipper Fund Awards for Singapore
Individual classifications of three, five, and ten-year periods, as well as fund families with high average scores for the three-year period are also recognised. The awards are based on Refinitiv Lipper’s proprietary methodology.
Watch: Refinitiv Lipper Fund Awards
A message from Refinitiv Lipper
Robert Jenkins, Global Head of Research, Lipper, Refinitiv said: “This year’s Refinitiv Lipper Fund Awards recognised the steadfast resolve of award-winning managers and firms who successfully navigated one of the sharpest market downturns and recoveries on record enabling investors to maintain a level of economic confidence amidst a backdrop of uncertainty.
“In a year that endured the impacts of an unprecedented global humanitarian crisis, in which markets reflected investors’ emotions of shock and optimism, there was a degree of solace in having one’s financial fortunes overseen by the stewardship of professional money managers.
“The winners of the Refinitiv Lipper Fund Awards for Singapore 2021 deserve recognition for their exceptional work in mitigating substantial risks while delivering superior returns.”
Messages from Lipper Fund Award winners
This year’s award winners share what their award means for their firm and clients.
Aberdeen Standard Investments
“We have been managing the Frontier Bond fund since 2013, and over that period the risk-adjusted return profile of the fund has effectively diminished the perception that frontier markets are high risk.
“Most emerging market funds will have some exposure to frontier markets, but we believe that having a dedicated frontier fund is more appropriate in order to capture higher yields in markets that have traditionally lower correlations to other asset classes.”
Kevin Daly, Investment Director, Fixed Income – Emerging Market Debt, Aberdeen Standard Investments
Allianz Global Investors
“Thanks for the recognition, which we share with our whole team. Events over the last year have shown how China’s equity markets are becoming increasingly influential and will likely play a growing role in client portfolios in the future.”
Sunny Chung (Senior Portfolio Manager) and Anthony Wong (Senior Portfolio Manager), Allianz Global Investors
BlackRock
“We are so honoured that our funds and portfolio management teams have been recognised with the Refinitiv Lipper Fund awards this year.
“Winning across multiple asset classes and geographies demonstrates the exceptional performance we seek to deliver to investors across our deep bench of solutions.”
Deborah Ho, Country Head Singapore and Regional Head of Southeast Asia, BlackRock
Capital Group
“These awards are a testament to the Capital System’s ability to deliver superior and consistent results for investors via a long-term investment approach and active management that differentiate us from peers.
“We are broadening our investment services that are available to clients based in Asia Pacific, and expanding our offerings across equities, fixed income and multi-asset solutions.
“In the next five years, it is part of our long-term strategy to drive more evolution of our offerings to better serve our clients in the region.”
Andy Budden, Head of Product & Investment Services for Asia Pacific, Capital Group
Eastspring Investments
“We’re honoured to be recognised by one of the most prestigious industry awards for the strong performance of our funds.
“As we pursue our shared purpose as “Experts in Asia. Invested in Your Future.”, we aim to be a trusted partner to our clients, providing specialised and high-quality investment solutions across the various asset classes that we manage.
“Winning this accolade despite the macroeconomic headwinds in 2020 is a testament to the strength of our investment strategy and collective team expertise in delivering long-term value to our investors.”
Kelvin Blacklock, Head of Eastspring Portfolio Advisors, Eastspring Investments
Fidelity International
“We are honoured to be recognised by the industry for the excellence of our fixed income franchise. Despite the challenges brought on by the global pandemic, we remained focused on our mission to deliver strong, long-term performance for Fidelity’s clients.
“This award is a testament to the unique active investment management approach at Fidelity and our inside-out focus on ESG analysis.
“Our approach allows us to strike an important balance in our fixed income portfolios – capturing opportunities for yield and delivering alpha in bull and bear markets, while mitigating unnecessary risks. With one of the largest teams of buy-side credit analysts in the industry, our commitment to bottom-up credit research is unparalleled.
“As yields remain at historic lows across global asset classes, with a maturing investment cycle and current volatility driven by the ongoing pandemic, this ongoing balance will be critical to our success for clients.”
Paras Anand, Chief Investment Officer, Asia Pacific, Fidelity International
Fullerton Fund Management
“Fullerton is proud to be awarded a Refinitiv Lipper Fund Award, Singapore, in the mixed asset SGD balanced category. Building on our strong and diverse multi-asset capabilities, we are able to offer customised solutions to suit the needs of a wide range of investors.”
Jenny Sofian, Chief Executive Officer, Fullerton Fund Management
Goldman Sachs Asset Management
“At Goldman Sachs Asset Management, we continuously seek to provide differentiated and compelling long-term investment solutions for our valued clients.
“Being awarded with Refinitiv Lipper Fund Awards for several of our funds is not only a great honour for our firm and investment teams, but also a re-affirmation of our ability to deliver high-quality and durable investment products for investors across a wide spectrum of asset classes.”
Tuan Lam, Managing Director, Head of Client Business, Asia Pacific ex Japan, Goldman Sachs Asset Management
Lion Global Investors
“We are thankful to the Refinitiv Lipper Fund Awards for recognising Lion Global Investors and several of our funds in the Fixed Income and Equity categories. We are privileged and honoured to receive these awards as this recognition is a testament of our commitment to deliver consistently strong investment performance for our clients.”
Teo Joo Wah, Chief Investment Officer, Lion Global Investors
Maybank Asset Management Singapore
“Winning the Refinitiv Lipper Fund Award Singapore 2021 for our Maybank Asian Income Fund, Best Bond Global USD Fund over five years with annualised returns of 6.75 percent p.a. completes another stellar year for Maybank Asset Management Group, Maybank Asset Management Singapore (MAM Singapore).
“We are deeply honoured to be recognised for a second consecutive year. Congratulations to Judy, Joyi and the team. Thanks for all the hard work put in to win again in what was a volatile and challenging year for economies and investments globally.”
Goh Keat Jin, CEO, Maybank Asset Management Singapore
Nikko Asset Management Asia Limited
“We are very pleased to receive this award for our Singapore Dividend Equity Fund. It strongly validates the relevance of dividend investing, and of our fundamentals-driven, bottom-up investment approach.”
Lai Yeu Huan, Senior Portfolio Manager, Nikko Asset Management Asia Limited
UBS Asset Management
“We are honoured to receive the Best Fund Over 10 Years award for our UBS Greater China strategy. The extended time horizon of the award shows the value in our long-term investment approach, and investors have benefited from our strategy’s consistent ten-year performance relative to our peers.
“We are humbled by this recognition and would like to thank the trust investors have placed in us over the years.”
Bin Shi, Head of China Equities, UBS Asset Management
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Disclaimer:
The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers.
The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award. For more information, see lipperfundawards.com Although Refinitiv Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Refinitiv Lipper.
