Awards for ING IM Asia Pacific

ING IM Asia Pacific is off to a flying start in 2011, winning many awards for fund performance.

ING IM in India gained a pair of awards for its Dividend Yield Fund, one each from two of India’s leading ratings agencies, ICRA (a Moody’s associate) and CRISIL Research (a Standard & Poor's company). These awards are IM India's first-ever industry level awards in the Equity Mutual Fund category.

In Hong Kong, the ING (L) Renta Fund Asian Debt won a Lipper Fund Award in the Bond – Asia Pacific (3 years) category and was awarded as best in class by Benchmark magazine. In other Benchmark awards, the ING (L) Invest Global High Dividend, the ING (L) Invest Latin America, and the ING (L) Invest US High Dividend were also recognised.

In Hong Kong and Singapore, the ING (L) Invest US High Dividend won recognition in the category “US Large-Cap Equity” in the 2010 Morningstar Fund Awards announced in February.

ING IM Korea was recognised as the Best Domestic Fixed Income Manager by AsianInvestor magazine.

ING IM Taiwan was awarded as Best Institutional House in the 2010 Best of the Best Country Awards (Taiwan) in March by Asia Asset Management magazine. This is the third time that the Taiwan office has received this recognition.

In Malaysia, Asia Asset Management magazine awarded ING Funds Berhad “Most Innovative Product” award for ING AMP Plus. ING AMP Plus is an actively-managed portfolio service that simplifies the complexity of investing for retail investors while at the same time aiming to deliver consistent returns in all market conditions. This was the second time in a short period of three months the ING AMP Plus service is recognized for being most innovative, having won the ASEAN Most Innovative Investment Manager title at the ASEAN Retail Chains & Franchise Federation Awards 2010.

ING IM Asia Pacific Regional CEO Grant Bailey said: “Across the region, we have had a good start to the year. The awards are recognition of our solid investment performance, which we think has been a key factor in our numerous sales wins year-to-date. Another factor of course is our keen focus on client servicing. Indeed, we are receiving a good response from our client base with mandates gained across different asset classes, including both pan-regional and local equity and fixed income.”