GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >>

 
  Share

Dubai, United Arab Emirates, April 08, 2020:    Refinitiv today announces the winners of the Arabian & Global Islamic Markets Refinitiv Lipper Fund Awards 2020. These highly-respected awards recognize funds and fund management firms that have excelled in providing consistently strong risk-adjusted performances relative to their industry peers – the merit of the winners is based on objective, quantitative criteria.

 
As to the Arabian Markets Awards, Societe Generale won the Bond Asset Class Award, Banque Centrale Populaire the Equity Asset Class Award, HSBC the Mixed Assets Class Award, while CDG Capital won the Overall Asset Class Award. 
 
As to the Arabian Markets Domestic Awards, Societe Generale won the Bond Asset Class Award, Banque Centrale Populaire the Equity Asset Class Award, CDG Capital won the Mixed Assets Class Award as well as the Overall Asset Class Award. Jadwa Investment won the Equity Asset Class for the Global Islamic Award. 
 
Yeoh Kim Hong, CEO, Public Mutual, commented: “We are honored to be presented with 10 Global Islamic Fund awards for the Refinitiv Lipper Fund Awards 2020. This global recognition is a testament that Public Mutual's prudent investment philosophy, concentrating on strong fundamentals and resilient earnings has proven to be the best recipe for our success. We thank our unitholders and unit trust consultants (UTCs) for their support and confidence in us”
 
Amr Abol Enein, Managing Director and Head of CI Capital Asset Management, commented: “This highly regarded award and regional recognition of “Estithmar Fund” reflects continuous success and outperformance relative to its peers in Egypt and MENA markets, paying tribute to outstanding fund performance and posting the highest cumulative returns in both absolute and risk-adjusted bases over the past 3 and 5 years' horizons and are a continuation of the prestigious awards won by the Fund by local and international organizations”.
 
Ismitz Matthew De Alwis, Executive Director & Chief Executive Officer of Kenanga Investors Berhad, said: “We are honored to have been awarded the Malaysia Best Equity Fund over 10 years title at the prestigious 2020 Refinitiv Lipper Global Islamic Fund Awards. We foster a culture of excellence and the strength of our business is rooted in our focus on our clients and our people. This award serves as a testament to what we do here, that is, ensuring Consistent and sustainable Top Performance. We have been steadfastly committed to putting our clients' interests first and this award further reaffirms our deep knowledge of local markets, and the breadth of our extensive investment capabilities, which are among the most innovative within the market, locally and in the region.” 
 
“It is an honour for HLAM to be recognized for its performance under the category of Equity Malaysia – Malaysia Islamic Funds and Global Islamic by Refinitiv Lipper Fund Awards. The Fund has seen consistent capital growth through prudent investments which were in compliance with Islamic principles by our investment team who is committed to ensuring strong risk-adjusted performance for the Fund. We attribute the winning streak to adhering to our bottom-up stock picking strategy which has been effective in generating good returns for the Fund these past few years.” said Mr. Hoo See Kheng, Chief Executive Officer of HLAM.
 
“We thank our investors for their steadfast trust in us and for remaining invested in HLAM and our other Shariah funds. We will continue to uphold our commitment to providing the same high level of service to our investors.” Mr Hoo added.
 
“We are very honored to win this prestigious award. This is an extraordinary acknowledgment that we have received in the midst of the COVID-19 pandemic. With all the uncertainty economic conditions, we believe that this award will increase the credibility of our funds, and help get credentials and investment quality among our clients,' said Edward Lubis, President Director of Bahana TCW.
 
The influential and prestigious Refinitiv Lipper Fund Awards are based on our Lipper Leaders Rating for Consistent Return (please click here to see the full list of winners for Arabian Markets and here for the Global Islamic Markets).  Individual classifications of three, five, and ten-year periods, as well as fund families with high average scores for the three-year period are also recognized. The awards are based on Lipper's proven proprietary methodology, which can be viewed here.  
 
Refinitiv Lipper data covers more than 330,000 share classes in 86 countries. The Lipper Leader ratings are available for mutual funds registered for sale in 47 markets.



Posted by : GoDubai Editorial Team
Viewed 3354 times
Posted on : Wednesday, April 8, 2020  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Let's Act Responsibly - Mr. Khalid Anib
Next Story : Al Coupon ¯for Deals & Discounts - The Leading Savings Destination in the United Arab Emirates
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
HONOR MagicBook Series is Perfect for Fashion Forward, Design Conscious Individu...
Vatika Launches Natural Hair Food, an Effective Solution for Dry Hair
Omega Announces Its Role as the Official Timekeeper of the 36th America's Cup
Foreo Reveals 5 Ways to De-Stress Your Skin
DTTAG New Executive Committee to Manage Post Covid 19 Return to Normalcy of Travel
The Best Omega Sunglasses For a Long-Awaited Summer
Emirates Post Unveils Modern New Website and Look
Ethical JLT Salon THT is Supporting those whose Jobs have been affected during ...
Urgent Implementation of ICAO COVID-19 Guidelines Needed
FEM Collaborates with Arab Comedian Maya Acra to Address the Taboo Around the To...
Sony Middle East & Africa Introduces New Digital Camera ZV-1, designed for Vlogg...
Karl Lagereld Drives Digital Innovation With Launch of the “Maison Karl Lagerfe...
Innovating to Fight COVID-19: Four Ways Drones are Contributing
Blue Ocean for Islamic Finance Industry
Commodity Weekly: Crude Oil Frets Geopolitics, Sluggish Demand Bounce
Ericsson's USA 5G Factory: Staffed by Professionals – Trained by VR
Airline Debt to Balloon by 28%
The Ultimate At-Home Facial
Twentieth “World Milk Day” Sees NFPC Innovate With New Products That Meet Changi...
Parmigiani Fleurier Toric Fleur
Al Tayer Motors and Premier Motors Honour UAE's COVID-19 Frontline Heroes
80th Anniversary of Maserati's Targa Florio Victory Maserati Tests an Mc20 Proto...
Sony Middle East and Africa and Gearbox team up to offer rental services of late...
WTTC Launches Safe Travels Protocols for Aviation, Airports, MICE and Tour Operators
Tips for Keeping Your Smartphone Clean
Al-Futtaim Technologies Implements Genesys Remote Working Solutions to Ensure Bu...
SEHA Develops Cutting Edge Self-sterilization System for Ambulances
The Legend Continues: Xiaomi Unveils Redmi Note 9 Pro and Redmi Note 9
Telenor, Sony and Ericsson Team to Develop Smart IoT Healthcare Devices
ATM Virtual to Focus on Potential Chinese Outbound Travel Market
Lincoln Aviator Presidential Takes on Bumps and Dips, Turning Every Trip into a ...
Increasing Use of Screen-Time Causing Eye Problems in UAE Students
Salvatore Ferragamo Launches New Eyewear Styles Inspired by the Iconic Vara Bow
Etihad Airways Launches Health and Hygiene Programme Championed by New Wellness ...
Kleindienst Group's Floating Seahorse Villas Are Setting Sail to Welcome Guests ...
Danube Group Chairman Files Case With Dubai Police Against Scam Star for Faking ...
Honeywell Announces Opening of Gas Detector Factory in Saudi Arabia
ATM Virtual Panel Advises Hoteliers not to Drop Room Rates, but to Focus on Sani...
Kingston Technology Ships 7.68TB Capacity for Industry-Leading High-Performance ...
Philips Foundation and Philips Middle East Join Forces with Lebanese Red Cross t...
A Taste of Tradition
How to Improve Your Sleep Routine When Working From Home
GEMS Innovation Awards 2020 Recognise Young Innovators after Virtual Showdown
Dubai's Contemporary Art Institution Jameel Arts Centre re-opens to the Public
Al Majid Motors Announces the Arrival of All-New Kia K5 Fastback Sedan in the UAE
Former UNWTO Secretary-General to speak at ATM Virtual
DGW holds meeting to review updated strategic plan aimed at supporting national ...
Debut Arabian Travel Market Virtual Event gets Underway Tomorrow
Glaucoma: Symptoms and Treatment
Ras Al Khaimah Government Launches Integrated Stimulus Package to Support the Em...