The Morningstar Malaysia Fund Awards celebrates the outstanding funds that added most value to investors in 2020 and over longer time periods. Looking ahead, Morningstar highlights key investment trends for investors: the rise and importance of sustainable investing, recovering opportunities for investors and what comes next with a recovering global economy.
It goes without saying that 2020 was a rollercoaster year for us all, starting from March where life (and subsequently, the economy and then, the markets) started slowing down. The short-term market panic while very concerning at the time, however, did not change Morningstar’s ultimate approach: making decisions based on fundamental analysis, instead of short-term sentiments, which would deliver better long-term results.
The investment research house’s mission is to empower investor success, by offering research, ratings, data, software products, indices, and investment management services with the best interest of the investor in mind. Market participants of all kinds include individual and institutional investors in public and private capital markets, financial advisors, asset managers, retirement plan providers and sponsors and issuers of securities.
“In a sense, our advice has not changed at all during the pandemic,” shares Nick Cheung, CEO of Morningstar Asia Limited.
“Our key messages have (always) been simple: don’t panic, stay invested and review the investment portfolio regularly,” Cheung adds.
“In general, most portfolio managers we’ve talked to have indicated that the Covid-19 is a short-term headwind and have been using the recent market volatility as an opportunity to initiate – or top up on – attractive opportunities at more compelling valuations. That said, we encourage investors to remain diversified and invest in accordance with their risk tolerances for the long-term,” says William Chow, director of manager research at Morningstar.
Both Cheung and Chow sat down with Smart Investor to share on what we can look forward to in 2021, as well as celebrating the winners of the Morningstar Malaysia Fund Awards 2021.