Expertise & Experience

  • Compliance

    complianceCIMB-Principal has a Compliance Unit which is responsible to ensure that all business conducts and practices of the Company complies with securities laws, regulations and relevant guidelines which are gazetted and issued by the regulators.

    The Compliance Unit reports directly to the board of directors and works closely with the senior management personnel on all compliance matters. The Unit also liaises with other departments within the Company to discharge the duties and functions effectively. Other responsibilities include:Establishing, maintaining and administering the implementation of policies and procedures to detect and prevent breaches of securities laws, regulations and relevant guidelines;Preparing and tabling compliance reviews to the board of directors; Maintaining and reviewing compliance procedures for each area of the Company’s operation; Examining and investigating any irregularity in the Company’s operations; Assisting in training and educating staff members on compliance matters, industry and regulatory developments.CIMB-Principal has developed a set of "Rules of Business Conduct" which applies to all employees that set forth CIMB-Principal's commitment to conduct its business lawfully with high credibility and integrity. The culture dictates that compliance is each employee's responsibility. CIMB-Principal also has a Business Continuity Plan (BCP) in place that details the Company’s back-up plans for all key systems and proceeding of operations in the event of disaster.

  • Risk Management

    Risk Management Structure CIMB-Principal's risk management comprises dedicated risk management and compliance teams, and members of the Investment Committee.

    The team works in tandem with the investment team to ensure the level of risk meets the expectations of clients' overall performance targets that are set against the appropriate benchmark. Portfolios are constructed and managed within pre-determined guidelines such as risk budgets that will be monitored regularly.

  • Internal Audit

    complianceCIMB-Principal has appointed the Investment Committee for the Funds, pursuant to the requirements under the SC Guidelines. The Investment Committee currently consists of six (6) members including three (3) independent members. Generally, the Investment Committee meets once a month and is responsible for ensuring that the investment management of the Funds is consistent with the objectives of the Funds, the Deeds, the SC Guidelines and relevant securities laws, any internal investment restrictions and policies of the Manager, as well as acceptable and efficacious investment management practices within the unit trust industry. In this role, the powers and duties of the Investment Committee include formulating and monitoring the implementation by the Manager of appropriate investment management strategies for the Funds and the measurement and evaluation of the performance of the Manager.

    The designated person for fund management function for all CIMB-Principal Funds is the Chief Investment Officer:

    Name: Patrick Chang Chian Ping
    Designation: Chief Investment Officer, Malaysia
    Experience: Patrick was appointed as the Chief Investment Officer, Malaysia on 22 February 2016. He comes with an extensive 15 year experience in asset management and is backed by numerous ASEAN awards from Malaysian pension funds in 2013 and 2015. He was previously the Head of ASEAN equities at BNP Paribas Investment Partners, Malaysia where he oversees ASEAN equities for both Malaysian and offshore clients from 2012. Prior to that, he served as Senior Vice President for CIMB-Principal where he specialized in Malaysia, ASEAN and Asia specialist funds. He also worked as a portfolio manager at Riggs and Co International Private Banking in London specializing in managing global ETF portfolios. MSc Finance from City University Business School and BSc Accounting and Financial Analysis from University of Warwick (Chevening Scholar), UK.

  • Investment Committee Members

    complianceCIMB-Principal has appointed the Investment Committee for the Funds, pursuant to the requirements under the SC Guidelines. The Investment Committee currently consists of six (6) members including three (3) independent members. Generally, the Investment Committee meets once a month and is responsible for ensuring that the investment management of the Funds is consistent with the objectives of the Funds, the Deeds, the SC Guidelines and relevant securities laws, any internal investment restrictions and policies of the Manager, as well as acceptable and efficacious investment management practices within the unit trust industry. In this role, the powers and duties of the Investment Committee include formulating and monitoring the implementation by the Manager of appropriate investment management strategies for the Funds and the measurement and evaluation of the performance of the Manager.

    The designated person for fund management function for all CIMB-Principal Funds is the Chief Investment Officer:

    Name: Patrick Chang Chian Ping
    Designation: Chief Investment Officer, Malaysia
    Experience: Patrick was appointed as the Chief Investment Officer, Malaysia on 22 February 2016. He comes with an extensive 15 year experience in asset management and is backed by numerous ASEAN awards from Malaysian pension funds in 2013 and 2015. He was previously the Head of ASEAN equities at BNP Paribas Investment Partners, Malaysia where he oversees ASEAN equities for both Malaysian and offshore clients from 2012. Prior to that, he served as Senior Vice President for CIMB-Principal where he specialized in Malaysia, ASEAN and Asia specialist funds. He also worked as a portfolio manager at Riggs and Co International Private Banking in London specializing in managing global ETF portfolios. MSc Finance from City University Business School and BSc Accounting and Financial Analysis from University of Warwick (Chevening Scholar), UK.

  • Shariah Adviser

    shariah adviser

    CIMB Islamic Bank Berhad ("CIMB Islamic") is the global Islamic banking and finance services franchise of CIMB Group. We offer innovative and comprehensive Shariah-compliant financial solutions in investment banking, consumer banking, asset management, private banking and wealth management.

    We are headquartered in Kuala Lumpur, Malaysia and offer consumer banking, wholesale banking, asset management products and services which comply with Shariah principles. We are part of the fifth largest banking group in ASEAN, with over 40,000 staff in 17 countries across ASEAN, Asia and beyond.

    This enables us to provide a wide range of products and services to commercial, corporate, and institutional customers across ASEAN, the Middle East, South Asia, North Asia, and major international financial centres. Our products and operations are managed in strict compliance with Shariah principles under the guidance of the CIMB Islamic Shariah Committee, which comprises the world’s leading Islamic scholars.

    CIMB Islamic has been appointed as the Shariah Adviser for the Funds. In line with the SC Guidelines, the roles of the Shariah Adviser are: To advise on all aspects of unit trust and fund management business in accordance with Shariah principles; To provide Shariah expertise and guidance in all matters, particularly on the Fund’s deed and information memorandum, fund structure, investments and other operational matters; To ensure that the Fund is managed and operated in accordance with Shariah principles, relevant SC regulations and/or standards, including resolutions issued by the Shariah Advisory Council (SAC) of the SC;

  • Sub-Managers

    shariah adviser

    CIMB-Principal (S) was appointed as the Sub-Manager for the CIMB-Principal Asian Equity Fund on 1 September 2008 and CIMB-Principal China-India-Indonesia Equity Fund on 30 June 2012. In addition, prior to the change of manager from CWA to CIMB-Principal, CIMB-Principal (S) was also appointed as the Sub-Manager for the foreign investments of CIMB-Principal Equity Growth & Income Fund and CIMB-Principal Equity Income Fund on 26 December 2007 and was granted the discretion to manage, realise, invest, reinvest or howsoever deal with the respective portion of these Funds allocated to foreign investments in accordance with the investment objectives of each of these Funds. The Sub-Manager’s discretionary authority over the foreign investments of these Funds is subject to the Guidelines, the CMSA and the internal policies and procedures. Following the change of manager from CIMB Wealth Advisors Berhad (209627-H) to CIMB-Principal, CIMB-Principal (S) continues to assume the role of Sub-Manager for the foreign investments of CIMB-Principal Equity Growth & Income Fund and CIMB-Principal Equity Income Fund. CIMB-Principal shall be responsible for the review, monitoring and oversight of CIMB-Principal (S) in the performance of its duties and obligations in respect of these Funds.

  • Service Providers

    complianceCIMB-Principal has a Compliance Unit which is responsible to ensure that all business conducts and practices of the Company complies with securities laws, regulations and relevant guidelines which are gazetted and issued by the regulators.

    The Compliance Unit reports directly to the board of directors and works closely with the senior management personnel on all compliance matters. The Unit also liaises with other departments within the Company to discharge the duties and functions effectively. Other responsibilities include:Establishing, maintaining and administering the implementation of policies and procedures to detect and prevent breaches of securities laws, regulations and relevant guidelines;Preparing and tabling compliance reviews to the board of directors; Maintaining and reviewing compliance procedures for each area of the Company’s operation; Examining and investigating any irregularity in the Company’s operations; Assisting in training and educating staff members on compliance matters, industry and regulatory developments.CIMB-Principal has developed a set of "Rules of Business Conduct" which applies to all employees that set forth CIMB-Principal's commitment to conduct its business lawfully with high credibility and integrity. The culture dictates that compliance is each employee's responsibility. CIMB-Principal also has a Business Continuity Plan (BCP) in place that details the Company’s back-up plans for all key systems and proceeding of operations in the event of disaster.