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Hong Leong Asset Management declares RM335m income distribution for 18 funds

KUALA LUMPUR, Sept 18 Hong Leong Asset Management Bhd (Hong Leong AM) has declared an income distribution of RM335 million for 18 funds from January 1 to July 31, 2023. In a.

Hong Leong AM declares RM335mil income distributions for 18 funds

Hong Leong AM declares RM335mil income distributions for 18 funds
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BERNAMA - HONG LEONG AM DECLARES RM335 MLN INCOME DISTRIBUTION FOR 18 FUNDS

BERNAMA - HONG LEONG AM DECLARES RM335 MLN INCOME DISTRIBUTION FOR 18 FUNDS
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Hong Leong Asset Management declares income distribution of RM602m

KUALA LUMPUR (Feb 17): Hong Leong Asset Management Bhd (Hong Leong AM) has declared income distribution amounting to RM602 million for its funds for last year. In a statement today, Hong Leong AM said the income distribution was for the period of Jan 1, 2020 to Dec 31, 2020. Its chief executive officer (CEO) Hoo See Kheng said that by remaining committed to a rigorous approach on its investment philosophy, its fund managers continued to deliver a consistent and sustainable distribution yield to investors amid uncertain and volatile market conditions. “Our outlook on the global economy in 2021 remains positive. “With the general consensus that global GDP (gross domestic product) will grow above 5%, investors can explore opportunities within Hong Leong AM’s broad spectrum of investment solutions through equities, fixed income, money market and multi-assets,” said Hoo.

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