hong leong building
 

What We Do

Products/
Services Offered
Description
Unit Trusts Management of unit trust funds for retail investment solutions to mass market and high net worth investors.
Wholesale Funds Management of wholesale funds catering to qualified investor mainly institutional and sophisticated investors.
Private Client Provision of discretionary and non-discretionary asset management services for high net worth investors.

As at 31 January 2018, HLAM has assets under management of RM15.85 billion, which includes 18 unit trust funds and 6 wholesale funds totalling RM 15.15 billion.


 

Our Key Financial Highlights

  Year ended 30 June
2017
RM
2016
RM
2015
RM
Revenue 44,074,336 30,577,181 23,251,929
Profit before taxation 8,079,031 2,243,312 (326,392)
Profit after taxation 6,328,274 1,805,749 (414,849)

 

Our Shareholders’ Funds

  As at 30 June
2017
RM
2016
RM
2015
RM
Paid-up share capital 5,000,000 5,000,000 5,000,000
Shareholders’ funds 13,976,557 12,648,283 12,442,534

Internal Audit

The Group Internal Audit Department (“GIAD”), under the direction of the Group’s Board Audit and Risk Management Committee (“BARMC”), provides the HLAM’s Board Of Directors the assurance it requires regarding the adequacy and integrity of the system of internal controls.

The GIAD undertakes periodic and systematic reviews of internal control systems and the review of compliance with the business objectives, policies, reporting standards and control procedures of HLAM. This is to provide reasonable assurance to the Board on the proper functioning of the system of internal controls.

Risk Management

 

The risk management function is outsourced to Hong Leong Investment Bank Berhad's (HLIB) Risk Management Division. HLIB which is a wholly-owned subsidiary of Hong Leong Capital Berhad consists of two main pillars, namely the Investment Banking Division and the Stockbroking Division.

Core activities for the investment banking division include debt and equity funding raising services, private debt securities (PDS) issuances, syndicated loans, initial public offerings (IPO), rights issues, restricted issues, special issues and private placements, corporate restructuring, merger & acquisitions, asset and investment valuation, takeovers & privatisations, independent advisory works, debt and equity underwriting, fixed deposits, trading and distribution of fixed income instruments. As for the stockbroking division, its core activities include the offering of retail and institutional stockbroking services, equity research, margin financing, nominees and custody services and futures & options broking services.

The role and duties of the outsourced Risk Management function is one of independent nature as part of the HLAM’s Senior Management’s strategy in implementing risk management policies as approved by the Board. 

The scope of the approved independent risk management function outsourced to Group Risk is confined to Operational Risk Management; governed in accordance to the Group's Operational Risk Management Framework.

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