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Jadwa Investment awarded Best Saudi Equity Fund award
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At the recent Mena Fund Manager Performance Awards ceremony held in Dubai, Jadwa Investment won the "Best Saudi Equity Fund" award for Jadwa Saudi Equity Fund performance in 2009.
Commenting on this, Ahmed Al-Khateeb, Managing Director and CEO of Jadwa Investment, said:
"We thank God for this achievement that has been the result of Jadwa Asset Managements skilled and experienced team."
"This prestigious award proves the success of our strategy, our dedication to this business and to set records in a short time, and our dedication to world-class investment and asset management practices. It also highlights our pursuit of Jadwas ultimate goal of becoming the leading provider for Islamic investment services in the region," Al-Khateeb added.
On his part, Jadwas Head of Asset Management and Chief Investment Officer, Fadi Tabbara, recognized the enormous effort made by his team for this achievement with active research, and commented, "Our strategy of active and disciplined fund management has played an important role in achieving the funds outperformance. We believe that the Arab markets in general and the Saudi market in particular present attractive long-term opportunities based on strong economic fundamentals and sustained growth of companies listed in these markets."
The Best Saudi Equity Fund Award follows a series of awards won by Jadwa Investment, the most recent being the "Best GCC Equity Fund" granted by "Failaka" and the "Best Fund Manager in Saudi Arabia" from World Finance International.
Mena Fund Manager magazine is dedicated to providing a cutting-edge insight to the Mena fund management space. Each issue includes the latest news, performance data, profiles, strategy, industry comments and insightful articles aimed specifically at fund managers, investors and service providers in the region.
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| Time Added : 2010-02-08 14:44:54 |
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