DUBAI, UNITED ARAB EMIRATES: 25 April 2013 - Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, today announced the Zawya MENA Funds Ranking for 2012.

The rankings are calculated on an annual basis and have a set of fixed criteria for a fund to take part in the analysis, of which a minimum USD 5 million in size and a minimum 3 years track record.

Russell Haworth, managing director, Middle East and North Africa, Thomson Reuters, said: "The Zawya Funds Ranking is an independent ranking system that addresses the rising demand for accurate information, unbiased research and analysis, as well as increased transparency in the MENA funds industry through its emphasis on compliance and disclosure. For the year 2012, we have 26 ranked categories of which the winners were announced at the Zawya Funds Awards Gala dinner on 24th of April 2013."

Zawya Funds Ranking Awards:

  • Best Egypt Balanced Fund Of 2012: Al Massy Fund, EFG-Hermes Holding

  • Best Egypt Equity Fund Of 2012: EFG-Hermes Egypt Fund, EFG-Hermes Holding

  • Best Egypt Equity Islamic Fund Of 2012: EFG-Hermes Al Baraka Bank Egypt Fund, EFG-Hermes Holding

  • Best Egypt Money Market Fund Of 2012: Blom Bank Money Market Fund, CI Asset Management

  • Best Equity GCC Fund Of 2012 : LHV Persian Gulf Fund (A Share), LHV Asset Management

  • Best Equity MENA Fund Of 2012: T. Rowe Price Africa and Middle East Fund, T. Rowe Price International

  • Best GCC Equity Islamic Fund Of 2012: HSBC Amanah GCC Equity Fund, HSBC Saudi Arabia Limited

  • Best Kuwait Equity Fund Of 2012: Al Wasm Fund, Kuwait Finance and Investment Company

  • Best Kuwait Equity Islamic Fund Of 2012: Markaz Islamic Fund, Kuwait Financial Centre (Markaz)

  • Best Lebanon Fixed Income Fund Of 2012: Beirut Golden Income Fund II, Bank of Beirut Invest s.a.l.

  • Best Morocco Balanced Fund Of 2012: CDG Izdihar, CDG Capital Gestion

  • Best Morocco Equity Fund Of 2012: Wineo Actions, Winéo Gestion

  • Best Morocco Fixed Income Fund Of 2012: CDG Monetaire Plus, CDG Capital Gestion

  • Best Morocco Money Market Fund Of 2012: Upline Perennite, Upline Capital

  • Best Oman Equity Fund Of 2012: Vision Emerging Oman Fund, Vision Investment Services Company

  • Best Qatar Equity Fund Of 2012: Al Waseela Fund (F Class), EFG-Hermes Holding

  • Best Saudi Arabia Equity Fund Of 2012: Saudi Istithmar Fund, Saudi Fransi Capital

  • Best Saudi Arabia Equity Islamic Fund Of 2012: Al-Saffa Saudi Equity Trading Fund, Saudi Fransi Capital

  • Best Saudi Arabia Islamic Fund Of Funds Of 2012: HSBC Amanah Multi-Assets Growth Fund, HSBC Saudi Arabia Limited

  • Best Saudi Arabia Money Market Fund Of 2012: Al Razeen Riyal Fund, Samba Capital

  • Best Saudi Arabia Trade Finance Islamic Fund Of 2012: Al Awwal SAR Murabaha Fund, Al Awwal Financial Services

  • Best Tunisia Balanced Fund Of 2012: SICAV Amen, Amen Invest

  • Best Tunisia Fixed Income Fund of 2012: Attijari Obligataire SICAV, Attijari Gestion

  • Best UAE Equity Fund Of 2012: Emirates Gateway Fund, SHUAA Capital

  • Best Worldwide Fund Of Funds Of 2012: SAIB Global Equity Fund, Alistithmar Capital

  • Best Worldwide Islamic Fund Of Funds Of 2012: Al Shamekh Shariah Compliant Fund, Riyad Capital

Zawya Fund Awards, as voted for by the industry, audited by Deloitte

  • Best Custodian Of The Year 2012: HSBC Bank

  • Best Administrator Of The Year 2012: Apex Fund Services

  • Best Law Firm Of The Year 2012: Al Tamimi & Company

  • Best MENA Asset Manager Of The Year 2012: EFG Hermes Asset Management

  • Best GCC Asset Manager Of The Year 2012: NCB Capital

  • Best Levant Asset Manager Of The Year: The Housing Bank for Trade & Finance

  • Best International Asset Manager Of The Year: Bank of London and The Middle East

  • Best Fund Manager Of The Year 2012: Tariq Qaqish

  • Most Compelling Personality Of The Year 2012: Farah Foustok

  • Best MENA Fixed Income Fund Of The Year 2012: Al Mal MENA Income Fund

  • Best Newcomer Fund Of The Year 2012: HSBC Amanah Saudi Freestyle Equity Fund

-Ends-

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CONTACT
Tarek Fleihan
PR Manager, Middle East, Africa & Russia / CIS
+97144536527
Email: tarek.fleihan@thomsonreuters.com

THOMSON REUTERS CONGRATULATES ALL THE WINNERS OF THE ZAWYA FUNDS AWARDS!

© Press Release 2013