Dubai, 17 January 2016: Emirates NBD Asset Management Limited, the asset management business of Emirates NBD, a leading bank in the region, has won top honours for two of its in-house managed funds at the International Finance Magazine (IFM) UAE Awards 2015. The Emirates MENA Fixed Income Fund was awarded 'Best Fixed Income Fund UAE' and the Emirates Real Estate Fund was named 'Best Real Estate Fund UAE'.

Commenting on the awards, Tariq Bin Hendi, Chief Executive Officer, Emirates NBD Asset Management said: "We are delighted to have been recognised by IFM and the international investment community. These prestigious accolades reflect the professionalism and discerning expertise of our team, championing the exceptional returns we have delivered to our clients in the MENA and international markets."

The Emirates MENA Fixed Income Fund, led by Usman Ahmed, Head of Investments, Emirates NBD Asset Management, is a diversified portfolio comprising fixed income securities of varying maturities, cash deposits, and other ancillary instruments. The fund is designed to deliver high income return and capital growth, and is a recognised leader in fixed income funds in the region. It has achieved consistent return and capital growth since inception.

The Emirates Real Estate Fund, led by Tim Rose, Head of Real Estate, Emirates NBD Asset Management, is a Shari'a compliant open-ended portfolio which is structured with the objective of generating income and achieving capital appreciation in the medium-to-long term through a diverse range of income generating real estate assets in the UAE. The USD 416 million fund is the largest, and longest established, fund managed by Emirates NBD Asset Management. It has achieved 8% income return and capital appreciation in the past 12 months, and 50.4% income return and capital appreciation in the past four years.

The IFM Awards honour individuals and organisations in the international finance industry that herald the highest standards of innovation and performance. Winners are shortlisted using a combination of reader nominations and expert analysis, comprising internal and external research, together with an international jury.

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About Emirates NBD
Emirates NBD is a leading banking Group in the region.  As at 30th September 2015, total assets were AED 390.4 Billion, (equivalent to approx. USD 106 Billion). The Group has a leading retail banking franchise in the UAE, with more than 220 branches and over 900 ATMs and CDMs in the UAE and overseas.  It is a major player in the UAE corporate and retail 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, Egypt, the Kingdom of Saudi Arabia, Singapore, the United Kingdom and representative offices in India, China and Indonesia.
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.

About Emirates NBD Asset Management
Emirates NBD Asset Management Limited (Emirates NBD Asset Management), established in the Dubai International Financial Centre and regulated by the Dubai Financial Services Authority as a Category II Firm, is the wholly owned asset management business of Emirates NBD. Emirates NBD Asset Management provides a full range of investment solutions, from in-house managed public funds to tailor-made discretionary solutions. It manages funds across the asset classes, structured to cater for diverse risk appetite, including MENA equity and fixed income funds, global risk profiled funds, UAE real estate, and a complete range of Shari'a compliant instrument funds.

Each of the Emirates NBD Asset Management managed funds are domiciled in either Jersey (regulated by the Jersey Financial Services Commission) or Luxembourg (regulated by the Luxembourg Commission de Surveillance du Secteur Financier). As at 30 September 2015, Emirates NBD Asset Management had assets under management of approximately AED 11.0 billion.

For further information, please contact:
Ibrahim Sowaidan
Head - Group Corporate Affairs
Emirates NBD
Telephone: +971 4 609 4113 / +971 50 6538937
e-mail: ibrahims@emiratesnbd.com

Tricia Rego
ASDA'A Burson-Marsteller; Dubai, UAE
Telephone: 971 4 4507600
Email: tricia.rego@bm.com

© Press Release 2016