UAE. Emirates NBD Asset Management Limited, the asset management arm of Emirates NBD, the leading bank in the region, announced today that it received the award for "Best Asset Management Company," at the annual Arab Achievement Awards 2012.
The award ceremony was held in Abu Dhabi, alongside the Arab Investment Summit, which brought together leaders and experts from across the region and the world to meet and discuss investment opportunities in the Arab region.
"Emirates NBD Asset Management manages a range of products delivering investment growth for our customers,” said Deon Vernooy, Senior Executive Officer, Emirates NBD Asset Management.
“Today’s announcement is a reflection of our strong commitment to deliver superior products to our investors, through our disciplined research-driven approach to fund management. We are proud to receive this important award, which recognises our standing as the Middle East’s leading asset management company.”
“Our team is one of the most experienced in the Middle East, and as such we have been pioneers in helping to develop the asset management industry in the region. As a result of the long-term investment strategy adopted by our experienced fund management team, our funds have managed to weather difficult market conditions to yield satisfactory results. We will continue to work towards delivering sustained returns for our customers,” added Vernooy.
This is the second consecutive year that Emirates NBD Asset Management has been recognised at the Arab Achievement Awards, which recognise the best companies and institutions in the Arab region. In 2011, Emirates NBD Asset Management was named the “Best Fund Management Company.”
About Emirates NBD
Emirates NBD is a leading banking Group in the region. As at 31 December 2011, total assets were AED 284.6 billion. The Group has a leading retail banking franchise in the UAE, with over 168 branches and over 780 ATMs and SDMs. It is a major player in the UAE corporate banking arena and has strong Islamic banking, Global Markets & Treasury, Investment Banking, Private Banking, Asset Management and Brokerage operations.
The Group has operations in the UAE, the Kingdom of Saudi Arabia, Qatar, Singapore, the United Kingdom and Jersey (Channel Islands), and representative offices in India and Iran.
The Group is an active participant and supporter of the UAE’s main development initiatives and of the various educational, environmental, cultural, charity and community welfare establishments.
For more information, please visit: www.emiratesnbd.com
About Emirates NBD Asset Management
Emirates NBD Asset Management, which is regulated by the Dubai Financial Services Authority, is the asset management division of Emirates NBD Bank, one of the largest banks by assets in the MENA region. The asset management entity manages a range of products including MENA equity and fixed income funds and portfolios, global risk profiled funds and a complete range of Shari’a compliant instruments. The Emirates NBD Asset Management managed funds are domiciled in Jersey and are regulated by the Jersey Financial Services Commission.