DUBAI, August 29, 2016 - Thomson Reuters Lipper today announces the winners of the Middle East and North Africa Markets and Global Islamic Fund Awards 2016. These highly-respected awards honor funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance relative to their peers - the merit of the winners is based on entirely objective, quantitative criteria.
The full list of Group Award winners follows below:
"We at Thomson Reuters Lipper would like to congratulate all of the 2016 award winners for successfully navigating the exceptionally stormy waters of the 2015 capital markets. Once again we are proud to recognize the outstanding skill and expertise put forth by these managers to deliver outperformance for their shareholders," said Robert Jenkins, global head of research at Thomson Reuters Lipper.
"All the winners of the Thomson Reuters Lipper Fund Awards deserve to be congratulated for delivering consistently good risk-adjusted performance, relative to their peers. The influential and prestigious Thomson Reuters Lipper Awards are based on regularly superior performance by investment fund managers and groups. We are proud that our measurement of such an achievement enables us to grant these awards with authoritative recognition and emphasis on consistency," said Detlef Glow, head of EMEA research at Thomson Reuters Lipper.
Please click here and here to see the full list of winners. Individual classifications of three-, five-, and ten-year periods, as well as fund families with high average scores for the three-year period are also recognized. The awards are based on Lipper's proven proprietary methodology, which can be viewed here.
Lipper data covers more than 306,000 share classes and over 128,000 funds in 63 markets. The free Lipper Leader ratings are available for mutual funds registered for sale in over 42 countries.
For more than three decades and in over 20 countries worldwide, the Thomson Reuters Lipper Fund Awards have honoured funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance relative to their peers. For more information, please contact Markets.Awards@thomsonreuters.com or visit www.lipperfundawards.com/
About Thomson Reuters
Thomson Reuters is the world's leading source of news and information for professional markets. Our customers rely on us to deliver the intelligence, technology and expertise they need to find trusted answers. The business has operated in more than 100 countries for more than 100 years. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information, visit www.thomsonreuters.com.
Notes to Editors
Thomson Reuters Lipper Fund Awards designations do not constitute and are not intended to constitute investment advice or an offer to sell or the solicitation of an offer to buy any security of any entity in any jurisdiction. As a result, investors should not make an investment decision on the basis of this information. Lipper Fund Awards designations are for informational purposes only. Lipper is not responsible for the accuracy, reliability or completeness of the information obtained from Lipper. In addition, Lipper will not be liable for any loss or damage resulting from information obtained from Lipper or any of its affiliates. Past performance is not necessarily a guide to future performance and investors should remember that past performance is not a guarantee of future results.
CONTACTS
Tarek Fleihan
Communications, MENA, Africa & Russia
+971(056) 2162575
Tarek.fleihan@thomsonreuters.com
Eddie Dunthorne
PR Specialist
+44 207 542 5204
Eddie.Dunthorne@thomsonreuters.com
Press Release 2016
