20 May 2013
Muscat: Vision Investment Services (Vision), a premier investment house that has been providing world class asset management services for 15 years, has announced that two of its funds have been recognised as the top performers in the region by Zawya Fund Ranking System.
Zawya.com is a regional online financial portal that is part of the Thomson Reuters and has over the years built a reputation of being the one of the best independent evaluating bodies in the investment arena. The company awards fund managers of the top performing funds, in their respective peer groups, for the listed period ending on December 31.
While talking about Vision Funds being recognised on a regional platform once again, Ali Mohammed Juma, chief executive said, "We have always believed in quality service and have dedicated our efforts to identifying the most lucrative investment options for our clients. These awards just stand testimony to our endeavours. Needless to say, this achievement would not have been made possible without the strong support and encouragement extended to us by Capital Market Authorities, Muscat Securities Markets and our esteemed clients and we would like to take this opportunity to express our sincere gratitude to them."
Mustafa Ahmed Jaffer, executive director said that Vision has the recognition of being the only fund manager in Oman to manage four equity based mutual funds and both these funds are members of the Fund family. All the funds have an outstanding record of delivering consistent performance across the peaks and troughs. In fact, three of the funds enjoy the prestigious 'Silver' rating as evaluated by Standard & Poor. As per the grading provided by Standard & Poor's, our funds demonstrate high standards of quality based on its investment process, risk awareness and consistency relative to its own objectives.
He further stated that another significant milestone is the opportunity to be the first fund manager in Oman to offer a Shariah Compliant Fund -- Vision Al Khair GCC Fund that was successfully launched in January 2013.
Highlighting the evaluation process, the Fund Manager Rajesh Venkiteswaran stated that Vision Emerging Oman Fund was one among six Oman funds to be rated and emerged as Number 1. The fund achieved this distinction by a margin of more than 20 per cent in comparison to the second ranking peer and more than 35 per cent of the third ranking fund.
Vision Emerging GCC Fund was one among all the GCC equity funds to be rated and emerged as the Number 2. The fund is shy of its Number 1 ranking peer by only 0.25 per cent, however, the fund has a lead of more than 6.5 per cent in comparison to the third ranking peer.
Muscat: Vision Investment Services (Vision), a premier investment house that has been providing world class asset management services for 15 years, has announced that two of its funds have been recognised as the top performers in the region by Zawya Fund Ranking System.
Zawya.com is a regional online financial portal that is part of the Thomson Reuters and has over the years built a reputation of being the one of the best independent evaluating bodies in the investment arena. The company awards fund managers of the top performing funds, in their respective peer groups, for the listed period ending on December 31.
While talking about Vision Funds being recognised on a regional platform once again, Ali Mohammed Juma, chief executive said, "We have always believed in quality service and have dedicated our efforts to identifying the most lucrative investment options for our clients. These awards just stand testimony to our endeavours. Needless to say, this achievement would not have been made possible without the strong support and encouragement extended to us by Capital Market Authorities, Muscat Securities Markets and our esteemed clients and we would like to take this opportunity to express our sincere gratitude to them."
Mustafa Ahmed Jaffer, executive director said that Vision has the recognition of being the only fund manager in Oman to manage four equity based mutual funds and both these funds are members of the Fund family. All the funds have an outstanding record of delivering consistent performance across the peaks and troughs. In fact, three of the funds enjoy the prestigious 'Silver' rating as evaluated by Standard & Poor. As per the grading provided by Standard & Poor's, our funds demonstrate high standards of quality based on its investment process, risk awareness and consistency relative to its own objectives.
He further stated that another significant milestone is the opportunity to be the first fund manager in Oman to offer a Shariah Compliant Fund -- Vision Al Khair GCC Fund that was successfully launched in January 2013.
Highlighting the evaluation process, the Fund Manager Rajesh Venkiteswaran stated that Vision Emerging Oman Fund was one among six Oman funds to be rated and emerged as Number 1. The fund achieved this distinction by a margin of more than 20 per cent in comparison to the second ranking peer and more than 35 per cent of the third ranking fund.
Vision Emerging GCC Fund was one among all the GCC equity funds to be rated and emerged as the Number 2. The fund is shy of its Number 1 ranking peer by only 0.25 per cent, however, the fund has a lead of more than 6.5 per cent in comparison to the third ranking peer.
© Times of Oman 2013
