One of the maiden funds launched by Areca Capital Sdn Bhd (Areca) in April 2007 has won an award at the Edge-Lipper Malaysia Fund Awards 2011 held at the Kuala Lumpur Convention Centre today. Areca equityTRUST Fund has been ranked by Lipper as the best performing fund under the Equity Malaysia, 3 years category for the year ended 2010.
Danny Wong, the CEO of Areca, is overjoyed over the win especially so when Areca is considered as one of the new players in the industry. “The award proved that Areca can deliver with its dedicated and experienced team.” He thanked Areca’s investors for their unwavering support, loyalty and confidence in the Company and look forward to many more years of value-added partnership.
Areca is a fund manager licensed by the Securities Commission to manage investment portfolios of unit trust funds and private mandates.
The Lipper Fund Awards are part of the Thomson Reuters Awards for Excellence, a global family of awards that celebrate exceptional performance throughout the professional investment community. The Thomson Reuters Awards for Excellence recognize the world’s top funds, fund management firms, sell-side firms, research analysts, and investor relations teams. For more information, please contact markets.awards@thomsonreuters.com or visit excellence.thomsonreuters.com
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– ARECA WINS LIPPER FUND AWARD –