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SHUAA Capital receives "Best Asset Manager in the United Arab Emirates" Award from EMEA Finance
(1 February 2012)

 

SHUAA Capital has again been awarded “Best Asset Manager in the United Arab Emirates” in 2011. This is the second consecutive year that EMEA Finance magazine has recognized SHUAA Capital’s excellence in asset management.

“We are very pleased to receive this award for the second year running. It underscores our consistency in delivering performance for clients and our position as the premier Asset Management house in the United Arab Emirates,” said Nadi Bargouti, Head of Asset Management of SHUAA Capital.

He added: “SHUAA continues to honor the distinction of holding the longest regional track record for equity funds in the Middle East. SHUAA Asset Management has built on its success in 2010 and solidified its position as the best performing Asset Manager in 2011. We will continue to anchor our consistent performance in our rigorous investment process going forward and will work hard on retaining the title of Best Asset Manager in the UAE.”

The SHUAA Emirates Gateway Fund was the top-performing UAE fund in 2011. The SHUAA Qatar Gateway Fund was the best-performing Qatar fund in 2011 (and 2010). The SHUAA Arab Gateway Fund was the second-best-performing MENA fund in 2011 (best in 2010). All Discretionary Portfolios ended 2011 in positive territory and outperformed their benchmarks.

Besides generating superior performance across its fund and discretionary portfolios, SHUAA Capital also grew its assets under management by over 25% - in sharp contrast to its peer group - during the year 2011.

 

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