Our Story
AIIMAN Asset Management Sdn. Bhd. (“AIIMAN”) is the wholly owned Shariah investment arm of AHAM Asset Management Berhad (“AHAM Capital”). Incorporated in 2008, AIIMAN manages assets for pension funds, institutions, corporates, high net worth, and mass affluent individuals. Through an end-to-end Shariah platform, AIIMAN focuses on delivering exceptional and innovative Shariah investment solutions spanning equities and sukuk.
AHAM Capital is an independently-managed, institutionally-owned asset management firm. Since its formation in 2001, AHAM Capital has served the wealth needs of corporates, institutions, pension funds, government-linked companies, high net worth individuals and the mass affluent.
Our purpose is clear.
We are here to help our clients build wealth and achieve their financial goals through their trust.
One of the principles we held on to closely over 20 years is that this company must be built on trust. And that our client’s interests come first.
Dato’ Teng Chee Wai, Managing Director of AHAM Capital
Our Shareholding Strength
We only invest in what we believe and know. As stewards of our investors’ wealth, we hold fast to the simple principle of managing their money like we would our own.
David Ng,
Deputy Managing Director & Chief Investment Officer of AHAM Capital
Our Specialisations
Unit Trust Funds
Cash Management Solutions
Portfolio Management Services
Private Retirement Scheme
Exchange Traded Fund
Our Capabilities
> RM85 billion
assets under administration
> 200
awards received for our outperformance
> 160
funds; covering local, regional and global markets
> 430
professionals across 8 offices nationwide
> 55
investment professionals
> 480
years of combined investment experience
Source : AHAM Asset Management as of 30 September 2024
Our success is centred around 3Ps. That is our
- People
- Process
- Performance
Akmal Hassan,
Managing Director of AIIMAN
Our Journey So Far
We are here for only one reason, which is to help our clients build their wealth. And only with their trust, we have been allowed to do so.
Dato’ Teng Chee Wai, Managing Director of AHAM Capital
On 29 July 2022, Affin Hwang AM was acquired by CVC Capital Partners.
On 22 November 2022, Affin Hwang AM was renamed as AHAM Asset Management (“AHAM Capital”).
2022
Affin Hwang AM partnered with fintech company, Versa to launch a digital cash management platform that allows retail investors to invest in money market funds.
AIIMAN introduces the Zakat Payment service to individual Muslim investors in March 2021.
2021
AIIMAN launched its first retail fund, Aiiman Asia Pacific (ex-Japan) Dividend Fund on 21 February 2019.
2019
The Group launched its private equity business, Bintang Capital Partners Berhad in June 2018.
AccelVantage Academy (AVA) was established as a one-stop training and support centre for financial entrepreneurs in the field of wealth management.
AIIMAN was granted the Unit Trust Management Company (UTMC) license on 27 December 2018.
2018
Affin Hwang AM and AIIMAN became signatory to the Malaysian Code for Institutional Investors on 24 March 2017.
AIIMAN registered as Institutional Unit Trust Advisers (IUTA) with FIMM on 27 November 2017.
On 6 December 2018, Affin Hwang AM rolled out its first Exchange-traded Fund, TradePlus Shariah Gold Tracker on the main market of Bursa Securities in Malaysia.
2017
Asian Islamic Investment Management was renamed as AIIMAN Asset Management (“AIIMAN”) in December 2016.
2016
On 7 April 2014, HwangDBS Investment Bank Berhad including Hwang IM and AIIMAN were acquired by Affin Holdings Berhad.
On 22 Sep 2014, Hwang IM was renamed as Affin Hwang Asset Management (Affin Hwang AM).
2014
In April 2012, the Securities Commission Malaysia approved Hwang IM as one of Malaysia’s Private Retirement Scheme (PRS) providers, making it at the time the only independent investment management company to be given such approval.
2012
Nikko Asset Management Group acquired DBS Asset Management Ltd., and consequently became a new partner and shareholder.
The company rebranded to Hwang Investment Management (Hwang IM).
2011
The Securities Commission Malaysia approved the Islamic fund management license application by Asian Islamic Investment Management (“AIIMAN”).
2008
HwangDBS IM expanded presence to the East Malaysia with its first office in Kuching, Sarawak.
2006
Rebranded to HwangDBS Investment Management (HwangDBS IM)
Launched of Institution, Corporate & HNWI Business (ICH) distribution, serving the institutional and corporate clients, as well as high net worth individuals.
2005
Hwang-DBS Unit Trust began its operations and launched its first fund, HwangDBS Select Opportunity Fund on 7 September 2001.
2001
2022
On 29 July 2022, Affin Hwang AM was acquired by CVC Capital Partners.
On 22 November 2022, Affin Hwang AM was renamed as AHAM Asset Management (“AHAM Capital”).
2021
Affin Hwang AM partnered with fintech company, Versa to launch a digital cash management platform that allows retail investors to invest in money market funds.
AIIMAN introduces the Zakat Payment service to individual Muslim investors in March 2021.
2019
AIIMAN launched its first retail fund, Aiiman Asia Pacific (ex-Japan) Dividend Fund on 21 February 2019.
2018
The Group launched its private equity business, Bintang Capital Partners Berhad in June 2018.
AccelVantage Academy (AVA) was established as a one-stop training and support centre for financial entrepreneurs in the field of wealth management.
AIIMAN was granted the Unit Trust Management Company (UTMC) license on 27 December 2018.
2017
Affin Hwang AM and AIIMAN became signatory to the Malaysian Code for Institutional Investors on 24 March 2017.
AIIMAN registered as Institutional Unit Trust Advisers (IUTA) with FIMM on 27 November 2017.
On 6 December 2018, Affin Hwang AM rolled out its first Exchange-traded Fund, TradePlus Shariah Gold Tracker on the main market of Bursa Securities in Malaysia.
2016
Asian Islamic Investment Management was renamed as AIIMAN Asset Management (“AIIMAN”) in December 2016.
2014
On 7 April 2014, HwangDBS Investment Bank Berhad including Hwang IM and AIIMAN were acquired by Affin Holdings Berhad.
On 22 Sep 2014, Hwang IM was renamed as Affin Hwang Asset Management (Affin Hwang AM).
2012
In April 2012, the Securities Commission Malaysia approved Hwang IM as one of Malaysia’s Private Retirement Scheme (PRS) providers, making it at the time the only independent investment management company to be given such approval.
2011
Nikko Asset Management Group acquired DBS Asset Management Ltd., and consequently became a new partner and shareholder.
The company rebranded to Hwang Investment Management (Hwang IM).
2008
The Securities Commission Malaysia approved the Islamic fund management license application by Asian Islamic Investment Management (“AIIMAN”).
2006
HwangDBS IM expanded presence to the East Malaysia with its first office in Kuching, Sarawak.
2005
Rebranded to HwangDBS Investment Management (HwangDBS IM)
Launched of Institution, Corporate & HNWI Business (ICH) distribution, serving the institutional and corporate clients, as well as high net worth individuals.
2001
Hwang-DBS Unit Trust began its operations and launched its first fund, HwangDBS Select Opportunity Fund on 7 September 2001.
2022
On 29 July 2022, Affin Hwang AM was acquired by CVC Capital Partners.
On 22 November 2022, Affin Hwang AM was renamed as AHAM Asset Management (“AHAM Capital”).
2021
Affin Hwang AM partnered with fintech company, Versa to launch a digital cash management platform that allows retail investors to invest in money market funds.
AIIMAN introduces the Zakat Payment service to individual Muslim investors in March 2021.
2019
AIIMAN launched its first retail fund, Aiiman Asia Pacific (ex-Japan) Dividend Fund on 21 February 2019.
2018
The Group launched its private equity business, Bintang Capital Partners Berhad in June 2018.
AccelVantage Academy (AVA) was established as a one-stop training and support centre for financial entrepreneurs in the field of wealth management.
AIIMAN was granted the Unit Trust Management Company (UTMC) license on 27 December 2018.
2017
Affin Hwang AM and AIIMAN became signatory to the Malaysian Code for Institutional Investors on 24 March 2017.
AIIMAN registered as Institutional Unit Trust Advisers (IUTA) with FIMM on 27 November 2017.
On 6 December 2018, Affin Hwang AM rolled out its first Exchange-traded Fund, TradePlus Shariah Gold Tracker on the main market of Bursa Securities in Malaysia.
2016
Asian Islamic Investment Management was renamed as AIIMAN Asset Management (“AIIMAN”) in December 2016.
2014
On 7 April 2014, HwangDBS Investment Bank Berhad including Hwang IM and AIIMAN were acquired by Affin Holdings Berhad.
On 22 Sep 2014, Hwang IM was renamed as Affin Hwang Asset Management (Affin Hwang AM).
2012
In April 2012, the Securities Commission Malaysia approved Hwang IM as one of Malaysia’s Private Retirement Scheme (PRS) providers, making it at the time the only independent investment management company to be given such approval.
2011
Nikko Asset Management Group acquired DBS Asset Management Ltd., and consequently became a new partner and shareholder.
The company rebranded to Hwang Investment Management (Hwang IM).
2008
The Securities Commission Malaysia approved the Islamic fund management license application by Asian Islamic Investment Management (“AIIMAN”).
2006
HwangDBS IM expanded presence to the East Malaysia with its first office in Kuching, Sarawak.
2005
Rebranded to HwangDBS Investment Management (HwangDBS IM)
Launched of Institution, Corporate & HNWI Business (ICH) distribution, serving the institutional and corporate clients, as well as high net worth individuals.
2001
Hwang-DBS Unit Trust began its operations and launched its first fund, HwangDBS Select Opportunity Fund on 7 September 2001.
Latest Recognitions
The Edge ESG Awards 2023
Best Fund Based on Asset Class | Fixed Income – Gold
AHAM ESG SGD Bond Fund
EPF External Fund Managers Annual Awards 2022
Best Domestic Equity Fund Manager (Shariah) 2022
AIIMAN Asset Management Sdn. Bhd.
EPF External Fund Managers Annual Awards 2022
Best EPF Domestic Equity Fund Manager 2022
AHAM Asset Management Berhad
The Asset Triple A Islamic Finance Awards 2023
Asset Manager of the Year, Malaysia (Multi-Asset)
AIIMAN Asset Management Sdn Bhd
CityWire ASEAN Awards 2022/23
Best Asset Manager, Malaysia
AHAM Asset Management Berhad
The Asset Triple A Sustainable Investing Awards for Institutional Investor, ETF, and Asset Servicing Providers 2023
Asset Management Company of the Year, Malaysia
AHAM Asset Management Berhad
Insights & Mandate 2023 Professional Investment Awards
ASEAN – Best Islamic Fund House
AIIMAN Asset Management Sdn Bhd
Insights & Mandate 2023 Professional Investment Awards
ASEAN – Best Fund House
AHAM Asset Management Berhad
Refinitiv Lipper Fund Awards Malaysia 2023
Best Equity (Islamic) Fund Family Group Over Three Years
AHAM Asset Management Berhad
Insights & Mandate 2023 Professional Investment Awards
ESG Fund of the Year – Fixed Income
Affin Hwang SGD Bond Fund
Note: Affin Hwang Asset Management Berhad (“Affin Hwang AM”) was rebranded as AHAM Asset Management (“AHAM Capital”) on 22 November 2022.