PETALING JAYA: AHAM Asset Management Bhd (AHAM Capital) has declared a total income distribution of RM1.39 billion for the financial year 2025, spanning 84 wholesale and retail funds managed by the company.
Distributions were declared across a broad range of strategies and asset classes, including equities, bonds, and mixed-asset funds.
Deputy managing director and chief fixed income officer Esther Teo said that, in a year marked by volatility, the company remained focused on delivering consistent income for investors.
“Our flagship Select and World Series funds delivered income distribution yields ranging between 4% and 8% in 2025, reflecting a disciplined investment approach across multiple strategies that we manage.
“We believe income will continue to play a critical role in portfolio resilience by providing stability and compounding potential, particularly in periods of elevated uncertainty,” she said in a statement.
Looking at 2026, Teo remains constructive on fixed-income prospects.
She noted that bond investors continue to benefit from attractive carry, supported by a benign inflation environment and a low risk of a return to hawkish monetary policy.
“Under our base-case scenario, inflation is expected to remain well contained, while expectations for US interest rate cuts remain intact,” Teo said.
She added that fixed-income markets are likely to remain broadly stable, even as the pace of global rate cuts moderates from the levels seen in 2025.
“We do not anticipate a shift toward tighter monetary policy. The US Federal Reserve is still expected to deliver one to two rate cuts this year, with risks skewed toward further easing should the labour market weaken.
“With yields likely to remain relatively anchored, fixed income returns will continue to be driven primarily by carry, while any further disinflation could provide additional upside through capital gains,” Teo said.
The announcement also coincides with a significant corporate milestone for the company.
As of Dec 31, 2025, AHAM Capital’s total assets under administration (AUA) reached RM101.5 billion, surpassing the RM100 billion mark for the first time since the company began operations in 2001.
Total AUA comprises assets under management, investment advisory and those under distribution.
“As we mark our 25th anniversary, we are grateful to all our clients who have placed their trust in us over the years. We remain anchored by our core values and our commitment to putting clients’ interests first.
“Looking ahead, we will continue to strengthen our investment platform and expand our range of solutions to support investors in building wealth and helping them achieve their long-term goals,” Teo said.
