Kuala Lumpur: AHAM Asset Management Bhd (AHAM Capital) has announced a substantial income distribution totaling RM1.11 billion for the financial year 2024, benefiting investors across 89 wholesale and retail funds. These funds span a range of asset types, including equities, bonds, and mixed assets, and have reported average income distribution yields between 4 percent and 8 percent.
According to BERNAMA News Agency, AHAM Capital’s chief officer of product solutions and customer experience, Anton Tan, attributed the strong performance to favorable market conditions. Tan highlighted that the firm’s strategic focus on Malaysian equities paid dividends in 2024, bolstered by policy reforms and an increase in foreign direct investments. Furthermore, easing inflation and interest rate cuts by the US Federal Reserve created an advantageous environment for fixed-income markets, enhancing the stability of AHAM Capital’s income strategies.
Tan emphasized the growing importance of diversification in light of a shifting global landscape influenced by US President Donald Trump’s administration, rising geopolitical tensions, and ongoing currency volatility. He noted that while the pace of rate cuts might decelerate and interest rates could remain elevated for an extended period, the current climate presents a unique opportunity for income-seeking investors to secure higher yields.
The recent statement also spotlighted the performance of several funds. The AHAM World Series – Income Fund achieved a yield of 8.3 percent. Meanwhile, the AHAM Select SGD Income Fund and AHAM Select AUD Income Fund each delivered yields of 4.5 percent. Shariah-compliant funds, including the Aiiman Income Plus Fund and Aiiman Quantum Fund, recorded yields of 4.5 percent and 4.6 percent, respectively.
As of December 31, 2024, AHAM Capital’s total assets under administration were approximately RM89 billion. This figure encompasses assets under management, investment advisory services, and distributed assets, according to the statement from AHAM Capital.