CIMB-Principal Asset Management Berhad has been named the best asset management company in South-East Asia.

The group came first in the Asset Management Company of the Year, South-East Asia category in top finance magazine The Asset’s Triple A Investment Awards 2011.

The Asian finance industry specialist magazine singled out the asset management group for its performance in the region. 

The magazine’s awards recognize institutions, asset managers, funds and insurance companies that have shown the most initiative in building a sound investment model and operational framework, thus enabling them to thrive despite difficult markets and to generate strong returns for stakeholders. 

Investment models, performance, quality of research and investments made, were the deciding factors in choosing award winners, the magazine’s editors said.