ING - Asset Manager Extraordinaire?

Not many can claim the moniker ''local presence and global experience''. So, we have Prudential, Public Mutual, CIMB, UOB, Arab-Malaysia, PHEIM and other mutual funds competing for the small man's ringgits.

I know PHEIM has done remarkably well. Apart from that, we see ING and two funds under Public Mutual doing alright. Others are merely also runs. Mediocre returns at best.

Let us look at the Asiapac Capital Guaranteed Fund launced in May last year. Believe me, after 13 months, it is now worth 15.15 % more. If this is maintainable, it is three times better than the current fixed deposit interest rate. I can still see much upside for this guaranteed fund. It has a year and 11 months to go.

ING Baraka Syariah Protected Fund will close its subscription in two day's time and trading should start next week. Let us see the combined skill and prowess of ING and SGAM. Will they spin magic together?

Will ING's funds break the record set by PHEIM? Let us see how Father Time will tell us.

Heartsong