MIDF AMANAH ASSET MANAGEMENT BERHAD
A subsidiary of Malaysian Industrial Development Finance Bhd
A subsidiary of Permodalan Nasional Berhad (PNB)
MIDF Amanah Asset Management Berhad (MIDF Amanah) began its operation in 1992, a fund management company licensed by the Securities Commission of Malaysia. MIDF Amanah Asset Management Berhad wholly-owned by Permodalan Nasional. (PNB), one of the largest mutual fund managers and investment trusts in Malaysia. MIDF Amanah is headed by Scott Lim Kok Seng as both the Chief Executive Officer and Chief Investment Officer.
The current management has vast experience in managing both institutional and retail investments including Corporate and Institutional Funds, Retirement Funds, State and Government Funds and Unit Trusts Funds.
MIDF Amanah Asset Management Berhad (MIDF Amanah), the asset management arm of Malaysian Industrial Development Finance Berhad (MIDF) has recorded a significant improvement in its performance based on the Mercer’s Composite Survey for Periods Ended December 2010.
MIDF Amanah plans to expand their range of products and services for both their targeted institutional and retail investors. With their conviction in the expansion of the Asian market, they are would like expand their investment management to include a new equity platform focusing on the Asian region for distribution. This strategy is catered for both conventional and Islamic investments.