Feb 28 2011 |
more articles from
|
Jadwa Investment named "Best Asset Manager in Saudi Arabia" by EMEA Finance
SR 8.16 billion (US$ 2.18 billion) of assets under managementRiyadh, 28 February, 2011- Jadwa Investment , a leading Saudi investment bank was named the "2010 Best Asset Manager in Saudi Arabia" at the EMEA Finance - Middle East Banking Awards ceremony on February 22nd in Dubai.
Jadwa was selected for the market-leading performance of several of its mutual funds during 2010.
The award is further recognition for Jadwa 's strong performance in 2010. Previous awards include the "Best Asset Manager in GCC" for 2010 from World Finance and the "Best Asset Manager in Saudi Arabia" for 2010 from Global Investor. Jadwa was recently given an MQ2 management quality rating from Moody's, the first asset manager in the region to receive Moody's MQ rating.
Fadi Tabbara, head of asset management and Chief Investment Officer of Jadwa Investment , highlighted 2010 performance: "2010 was another strong year for Jadwa . Our flagship Saudi Equity Fund was up 17.70%, compared to benchmark performance of 13.57%. Likewise, our GCC and MENA Equity Funds were up 19.76% and 19.35%, vs. respective benchmarks of 16.53% and 14.57%. Our Jadwa Africa Equity Freestyle Fund was up 30.57%, making it the highest performing listed equity fund in the Kingdom."
-Ends-
About
Jadwa
Investment
Founded in 2006,
Jadwa Investment
is a leading Saudi investment bank with paid up capital of SR 568,490,000.
Jadwa
is licensed by the Capital Markets Authority (CMA) to offer the full range of investment services, and is active in asset management, investment banking, brokerage and research.
All investment services offered by Jadwa Investment are fully Shariah-compliant.
© Press Release 2011
Zawya Comment Policy
-
Zawya encourages you to add a comment to this discussion. You agree that when you add content to this discussion your comments will not:
1.1 Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
1.2 Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
1.3 Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
1.4 Be threatening, abuse or invade another's privacy, or cause annoyance, inconvenience or needless anxiety.
1.5 Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
1.6 Give the impression that they represent Zawya.
1.7 Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse. - The content posted on www.zawya.com is created by members of the public. The views expressed are theirs and unless specifically stated are not those of Zawya. Zawya reserves the right to review all comments prior to posting and edit or delete any contribution, but Zawya is not responsible for and can not be held liable for any content posted by members of the public on www.zawya.com.
- Zawya is not responsible for the availability or content of any third party sites that are accessible through www.zawya.com. Any links to third party websites from www.zawya.com do not amount to any endorsement of that site by Zawya and any use of that site by you is at your own risk.
- By submitting your comment, you hereby give Zawya the right, but not the obligation, to post, air, edit, exhibit, telecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comments worldwide, in perpetuity.
Copyright © 2012 Zawya Ltd. All rights reserved. |
provided by www.zawya.com |
Post Your Comment