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๐Ÿ‡ฎ๐Ÿ‡ฉ Indonesia /Economy & Trade

Indonesian Sharia Mutual Fund Manager Receives Reward from London Stock Exchange Group

From Republika · () Indonesian

Translated from Indonesian, summarized and contextualized by DistantNews.

At a glance

News Named sources Approved/passed
  • PT Henan Putihrai Asset Management (Henan Asset) received an award from the London Stock Exchange Group (LSEG) for its Sharia-compliant mutual fund.
  • This is the third consecutive year Henan Asset has won an international award from LSEG Lipper for its Sharia equity fund.
  • The award recognizes the fund's performance over five years amidst challenging market conditions, including a declining IHSG.

Indonesian investment manager PT Henan Putihrai Asset Management (Henan Asset) has once again received global recognition, this time from the London Stock Exchange Group (LSEG) at the LSEG Lipper Fund Awards 2026. The company secured an award for its "Henan Ekuitas Syariah Berkah Kelas A" fund in the Best Equity Sharia Indonesia Fund Over 5 Years category.

This marks the third consecutive year Henan Asset has been honored by LSEG Lipper for its Sharia mutual funds, highlighting its consistent performance in managing Islamic finance products. The LSEG Lipper Fund Awards are a prestigious global benchmark, assessing the performance of mutual funds across various countries and asset classes. The evaluation for the Universe Global Islamic category specifically focuses on markets with significant growth in the Sharia investment industry, such as Indonesia, Malaysia, and the UAE.

For us, this award is not just a form of appreciation for performance, but also a reminder that investment is a long-term journey.

โ€” Markam HalimDirector of Henan Asset, reflecting on the significance of the award.

The achievement comes during a period of market volatility, with Indonesia's Composite Stock Price Index (IHSG) experiencing a notable correction. Despite these challenges, the mutual fund industry has shown resilience, with net asset values growing. Henan Asset's Director, Markam Halim, emphasized that the award serves as a reminder of the long-term nature of investment and the importance of a disciplined, measured approach. He stressed that integrity in the investment process, portfolio management discipline, and adaptability are key to maintaining investor trust, especially in fluctuating market conditions.

In the midst of constantly changing market conditions, we believe the integrity of the investment process, discipline in portfolio management, and the ability to remain adaptive are important factors in maintaining investor trust.

โ€” Markam HalimExplaining the key principles for successful investment management.
DistantNews Editorial

Originally published by Republika in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.