Public Mutual: Best in Asia

These days there are so many awards to be won. For example in the entertainment industry, there are American Idol, then come the Superstar and other talent quests contests, and some I feel is substandard.

So no doubt when there are announcements on someone won some award, I feel skeptical and will run a background check on the reputation of the award.

So when Public Mutual Bhd has been named “Best Fund Manager in Asia” for the second consecutive year by Dubai-based Failaka Advisors, I look up on Failaka Advisors.

Failaka Advisors was founded in 1996, and has offices in Chicago and Dubai. Failaka Advisors is the recognized leader in Islamic fund research, offering institutions and private investors the largest and most detailed database of information on Shariah-compliant equity funds worldwide.

Failaka also recognizes the best-performing of the world's Islamic investment funds at its annual Failaka Islamic Fund Awards, the premier global event for recognizing excellence in Islamic investment and money management.

On Public Mutual being named Best Fund Manager in Asia, Failaka Advisors managing director Mark Smyth said, “In terms of syariah-compliant funds, Public Mutual's funds have once again outperformed the benchmarks by the highest percentages." In this sense, I believe Public Mutual truly deserved this award. Public Mutual was also named Most Outstanding Islamic Fund Manager at KLIFF Islamic Finance Awards.

So after receiving two awards, no doubt Public Mutual is the Best Islamic Fund Manager.