What We Do
Unit Trust Funds
Establishment and management of unit trust funds for provision of investment solutions to mass market.
Wholesale Funds
Establishment and management of wholesale funds for provision of investment solutions for sophisticated investors.
Private Mandates
Provision of discretionary and non-discretionary fund management services for retail and institutional investors.
Private Retirement Schemes
Establishment and management of private retirement schemes for provision of investment solutions to mass market.
As at 31 December 2023, HLAM has assets under management of RM10.23 billion, which includes 22 unit trust fund, 5 wholesale funds and 7 private retirement schemes totaling RM 9.47 billion.
Our Key Financial Highlights
| Year ended 30 June | |||
|---|---|---|---|
|
2023 RM |
2022 RM |
2021 RM |
|
| Revenue | 68,905,693 | 92,183,760 | 95,877,709 |
| Profit before taxation | 10,166,734 | 25,116,184 | 25,371,464 |
| Profit after taxation | 7,583,470 | 19,020,179 | 19,186,878 |
Our Shareholders’ Funds
| As at 30 June | |||
|---|---|---|---|
|
2023 RM |
2022 RM |
2021 RM |
|
| Paid-up share capital | 5,000,000 | 5,000,000 | 5,000,000 |
| Shareholders’ funds | 26,648,300 | 26,564,830 | 26,544,651 |
Risk Management
The risk management function is outsourced to Hong Leong Investment Bank Berhad's ("HLIB") Risk Management Department. HLIB, which is a wholly-owned subsidiary of Hong Leong Capital Berhad, provides investment banking and capital market services and solutions across the region..
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.
Internal Audit
HLAM's internal audit function is outsourced to Hong Leong Investment Bank Berhad's ("HLIB"), Internal Audit Department ("IAD"). HLIB is a subsidiary of Hong Leong Capital Berhad, which is the holding company of HLAM. The IAD provides HLAM's Board of DIrectors the assurance it requires regarding the adequacy and integrity of the system of internal controls.
The IAD 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.
FUNDAMENTAL & DISCIPLINED INVESTMENT PROCESS
At Hong Leong Asset Management Bhd (HLAM), we are fundamentally driven with ideas carefully assessed through primary in-house research and best-in-class external research. We rely primarily on fundamental analysis, and use a combination of top down and bottom up analysis in determining optimal asset allocation between different asset classes, seeking undiscounted values and growth potential in the different companies. We look for companies with strong management, good earnings and business environment, strong financial position and liquidity as well as attractive valuations.