JP Morgan, Eastspring and Segantii scoop top prizes

After announcing 48 winners last month, AsianInvestor had three left to unveil last night at our 16th annual Asset Management Awards ceremony, held at the Ritz-Carlton Hotel in Hong Kong.

JP Morgan Asset Management took top honours as Asset Manager of the Year, Eastspring Investments scooped the prize for Asia Fund House of the Year, and Segantii Capital Management was named Asia-Pacific Hedge Fund Manager of the Year.

Write-ups will appear over the coming weeks explaining why AsianInvestor chose all 13 Marquee award winners.

The awards recognise the asset service providers – from compliance and law firms to index providers and custodians – and investment managers that excelled in the past year’s markets conditions.

Challenging backdrop

It is easy to claim success in the good times, but 2016 was anything but in the first quarter. The effects of China’s equity market implosion were lingering, while US growth seemed sustained but meagre. Yet in the past 12 months the picture has changed greatly – despite some major geopolitical shocks.

It still seems strange to think that the likes of Britain's vote to exit the EU in June and the election of Donald Trump as US president in November were so easily absorbed by markets, which remained focused on the overall improvement of conditions.

These have been sensational, often distracting events. It’s during such circumstances that the best fund managers, advisers, and service providers avoid the emotional clamour and stay focused on doing their jobs, helping their clients to invest their money and build new, helpful investment tools.

This is what the winners of these awards have all done.

Previous award announcements:

Day 1: Asset service providers

Day 2: Awards by asset class category

Day 3: Onshore investment management awards by country

Day 4: Marquee award winners in asset management and asset servicing