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CIMB-Principal Asset Management Berhad (“CIMB-Principal”) is a premier asset management company with regional investment capabilities. Established in 1995, it is one of the largest asset management companies in Malaysia with regional footprint covering Singapore, Indonesia and Thailand.

CIMB-Principal aspires to be Southeast Asia’s most valued investment management company offering a suite of asset management solutions. It manufactures and distributes a comprehensive range of unit trust funds, and manages customised portfolio mandates for corporations, institutions, as well as government and pension funds. Its regionally integrated team of dedicated investment professionals offers expertise ranging from equity, fixed income, cash management, and Shariah-compliant fund management. CIMB-Principal is also one of the largest private retirement scheme providers in Malaysia. 

CIMB-Principal is jointly owned by CIMB Group, Malaysia’s second largest financial services provider and one of ASEAN’s leading universal banking groups; and The Principal Financial Group, a member of the FORTUNE 500® and a global investment management leader.


About CIMB-Principal Asset Management Berhad

CIMB-Principal holds a Capital Markets Services License for fund management and dealing in securities restricted to unit trust under the Capital Markets and Services Act 2007 and specialises in managing and operating unit trusts for investors, both institutional and retail. CIMB-Principal’s responsibilities include managing investment portfolios by providing fund management services to insurance companies, pension funds, unit trust companies, corporations and government institutions in Malaysia. In addition, CIMB-Principal is an approved private retirement scheme provider in Malaysia. It originally commenced its operations as a unit trust company in November 1995. As at LPD, CIMB-Principal has more than 21 years of experience in the unit trust industry. As at LPD, the shareholders of the company are CIMB Group Sdn. Bhd. (“CIMB Group”) (60%) and Principal International (Asia) Limited (“PIA”) (40%).

CIMB Group is held in majority by CIMB Group Holdings Berhad. It is a fully integrated investment bank. It offers the full range of services in the debt markets, the equity markets and corporate advisory. Member companies of CIMB Group also provide services in lending, private banking, private equity, Islamic capital markets as well as research capability in economics, equity and debt markets.

PIA is a private company incorporated in Hong Kong and its principal activity is the provision of consultancy services to other Principal Financial Group (“PFG”) group of companies. PIA is a subsidiary of the PFG, which was established in 1879 and is a diversified global financial services group servicing more than 15 million customers.

As at LPD, CIMB-Principal was responsible for managing more than RM47.61 billion on behalf of individuals and corporations in Malaysia.

As at LPD, CIMB-Principal managed 52 conventional unit trust funds (including unit trust funds, wholesale funds and 2 exchange-traded funds), 20 Shariah-compliant unit trust funds and 10 private retirement funds.

The primary responsibilities of CIMB-Principal as the manager of the funds include:
  • Maintaining a register of unit holders
  • Implementing the appropriate investment strategies to achieve the funds’ investment objectives;
  • Ensuring that the funds have sufficient holdings in liquid assets
  • Arranging for the sale and repurchase of units
  • Calculating the amount of income to be distributed to unit holders, if any
  • Maintaining proper records of the funds
* Latest Practicable Date (“LPD”) i.e. 30 June 2017, in which all information provided herein, shall remain current and relevant as at such date.
 

31 December 2016
(RM)
Audited
31 December 2015
(RM)
Audited
31 December 2014
(RM)
Audited

Issued and paid-up share capital

123,474,795

123,474,795

123,474,795

Shareholders’ funds

607,943,720

530,215,817

453,418,293

Revenue

384,332,687

446,552,633

363,530,072

Profit before taxation

132,274,298

88,006,851

80,842,217

Taxation

9,543,392

11,249,725

9,018,294

Profit after taxation

122,730,906

76,757,126

71,823,923

 

CIMB-Principal is jointly owned by CIMB Group, one of Southeast Asia’s leading universal banking groups; and The Principal Financial Group, U.S.A., a NYSE-listed global financial service company and a leading Fortune 500 company.

 
CIMB-Principal Shareholders

The shareholders of CIMB-Principal are CIMB Group Sdn Bhd and Principal Financial Group, which respectively own 60% and 40% of the company.

CIMB Group is a leading ASEAN universal bank, one of the largest Asian investment banks and one of the world's largest Islamic banks. CIMB is headquartered in Kuala Lumpur,  Malaysia  and offer consumer banking, commercial banking, wholesale banking, Islamic banking and asset management products and services. As the fifth largest banking group in ASEAN, CIMB  has over 40,000 staff in 17 locations across ASEAN, Asia and beyond.

Principal Financial Group
is a leading Fortune 500 global financial services group established over 125 years ago. The Group offers a wide range of financial products and services including retirement and investment services, life and health insurance and mortgage banking through its diverse family of financial services companies.

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