Global Investor/ISF Investment Excellence Awards recognize company's expertise in Islamic asset management

Dubai, UAE, July 10, 2012: Emirates NBD Asset Management Limited, the asset management arm of Emirates NBD, the leading bank in the region, announced today that it received the MENA Sukuk Manager of the Year award, at the 2012 Global Investor/ISF Investment Excellence Awards.

The award ceremony, held recently at the Grange St Paul's Hotel in London, recognized the best contributions to asset management over the past 12 months. The winners were determined by a panel of seven independent judges, including Anthony Hilton, the City editor of the London Evening Standard, John Redwood, former UK cabinet minister and co-founder of Evercore Pan-Asset, and Alastair O'Dell, the editor of Global Investor/ISF magazine.

This is the second time Emirates NBD Asset Management has been recognised for its MENA asset management capabilities by Global Investor, and follows several other top honours recently awarded to Emirates NBD Asset Management. Last year Emirates NBD Asset Management was declared the "Equity Manager of the Year" at the Global Investor/ISF Middle East awards.

Earlier, Emirates NBD Asset Management was also named the "Best Islamic Wealth Management Service Provider" at the 2012 Sukuk Summit - Islamic Finance Awards of Excellence held in London.

"Winning an award is always a very positive reinforcement of our abilities and performance," said Deon Vernooy, Senior Executive Officer, Emirates NBD Asset Management. "Being declared MENA Sukuk Manager of the Year is a reflection of our strong commitment to deliver superior products to our investors, through our disciplined research-driven approach to fund management. We are proud to receive this important award, which recognizes our expertise in the Sukuk market, and reinforces our standing as the Middle East's leading asset management company."

"This award is yet another feather in our cap that will help increase the confidence of not only retail investors but also institutional investors and insurance companies in including our funds in their investment plans and portfolios," added Vernooy.

The 2012 MENA Fund Manager awards at the beginning of the year had also named the company's Emirates Global Sukuk Fund the "Specialist Fund of the Year".

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About Emirates NBD
Emirates NBD is a leading banking Group in the region. As at 31 December 2011, total assets were AED 284.6 billion. The Group has a leading retail banking franchise in the UAE, with over 168 branches and over 780 ATMs and SDMs.  It is a major player in the UAE corporate banking arena and has strong Islamic banking, Global Markets & Treasury, Investment Banking, Private Banking, Asset Management and Brokerage operations. 

The Group has operations in the UAE, the Kingdom of Saudi Arabia, Qatar, Singapore, the United Kingdom and Jersey (Channel Islands), and representative offices in India and Iran.

The Group is an active participant and supporter of the UAE's main development initiatives and of the various educational, environmental, cultural, charity and community welfare establishments.

For more information, please visit: www.emiratesnbd.com

About Emirates NBD Asset Management
Emirates NBD Asset Management, which is regulated by the Dubai Financial Services Authority, is the asset management division of Emirates NBD Bank, one of the largest banks by assets in the MENA region. The asset management entity manages a range of products including MENA equity and fixed income funds and portfolios, global risk profiled funds and a complete range of Shari'a compliant instruments. The Emirates NBD Asset Management managed funds are domiciled in Jersey and are regulated by the Jersey Financial Services Commission.

For further information, please contact:
Hala Zamani/ Hassan Al Khuwaildi
Communications
Group Marketing, Emirates NBD
Tel: 971-4--6093458/ 971-4-6093459
Mob: 971 50 8595599/ 971 50 7454454
Email: halaZ@emiratesnbd.com / HassanAl@emiratesnbd.com

Sudha Chandran/ Nicholas Nesson
ASDA'A Burson-Marsteller
Dubai, UAE
Tel: 971-4-4507600
Fax: 971-4-4358040
Email: sudha.chandran@bm.com / Nicholas.nesson@bm.com

Disclaimer
Information and opinions contained herein have been compiled or arrived at by Emirates NBD Asset Management Limited ("Emirates NBD AM") from sources believed to be reliable but Emirates NBD AM cannot accept liability for any loss arising from the use hereof nor make any representation as to their accuracy or completeness. The opinions expressed herein are not intended to serve as authoritative investment advice. It may not be used or considered as an offer to sell, or a solicitation of any offer to buy, any investment. Emirates NBD AM therefore accepts no liability whatsoever for any direct, indirect or consequential loss arising from the use of this document. The price of units or shares and the income from them can go down as well as up. An investor may not get back the full amount invested.  Past performance is not indicative of future performance. It should be noted that investments might not be readily marketable and it may therefore be difficult for an investor to sell his/her investment in any fund.   

© Press Release 2012