Dubai - Arqaam Capital, the specialist emerging markets investment bank, has improved its ranking in this year’s Extel survey by one place clinching the third spot in the Middle East & North Africa ahead of 31 regional and global institutions.
Among those ranked 17 Arqaam Capital analysts and 4 equity sales individuals were voted in the MENA category, with the top ranked Arqaam analyst having secured the highest number of votes in the survey.
Arqaam Capital also made substantial progress outside the MENA region securing a top 10 position in South Africa and in Frontier Markets (up 8 positions in both categories). Arqaam Capital had also ranked in the top 4 position in the Africa-ex SA category (unweighted) in the South African Financial Mail survey.
Jaap Meijer, Managing Director, Equity Research at Arqaam Capital commented: ‘the results accurately reflect Arqaam Capital’s leading position in the region. We have steadily improved our rating in the Extel Awards over the last few years and now rank among the top, a testament to the quality of our product offering, research effort, and people, as well as our commitment to provide a timely and value added service. This positions us well for new MiFID2 rules. We still see room for further upside in our categories and are investing in teams and talent selectively.’
The Extel Awards are often referred to as the Oscars of the financial sector. Over 16,000 investment professionals from 3,200 buy-side firms, 283 brokerage houses/research providers and 1,113 quoted companies participated in the 2017 Extel Awards.
In a decade, Arqaam Capital has grown into a well-established investment bank operating four business segments, namely sales& trading, investment banking, asset management and alternative investments. Arqaam Capital is one of the top institutional full service brokers in the MEA region via seats in six Middle Eastern and African exchanges, supported by a strong network of local executing brokers. Arqaam covers close to 300 listed companies in the Middle East and Africa region across 27 countries and a wide range of sectors. The firm provides the largest global coverage of MENA equities representing over 60% of GCC market capitalization.
-Ends-
About Arqaam Capital (www.arqaamcapital.com)
Arqaam Capital is a specialist emerging markets investment bank, bringing regional and international product offerings to the emerging markets. Arqaam Capital combines international best practice with expertise in the markets in which we operate. Our primary role is to provide financial intermediation and create investment opportunities for emerging markets investors looking to invest in their own markets and abroad, as well as international investors seeking opportunities in target emerging markets. Arqaam Capital operates out of three hubs, namely the Dubai International Financial Centre (DIFC), Cairo and Johannesburg. Arqaam Capital has ten business lines - Corporate Finance, Asset Management, Cash Equity, Credit Trading, Equity Derivatives, Capital Markets Advisory, Infrastructure, Principal Finance, Treasury and Custody. In addition, Arqaam Capital provides in-depth research on close to 300 listed Middle East and Africa (MEA) companies across 26 countries and a wide-range of sectors, including the largest global coverage of MENA equities.
© Press Release 2017
