Emirates NBD Asset Management Wins ‘Fixed Income Manager of the Year’ at Global Investor ISF MENA Awards

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  • The Emirates NBD Asset Management Fixed Income team have consistently generated strong returns for investors
  • The unique structure and performance of the Fixed Income fund range is credited for the win
Kia Williams, Senior Analyst, Emirates NBD Asset Manageme ... from James Gavin, MENA Reporter, Global Investor ISF.
Kia Williams, Senior Analyst, Emirates NBD Asset Management receiving the award from James Gavin, Emerging Markets Editor, Global Investor/ISF

Dubai, United Arab Emirates: Emirates NBD Asset Management has been awarded ‘Fixed Income Manager of the Year’ at Global Investor ISF’s 2016 MENA Awards. The award was given in recognition of the exceptional performance of the Company’s range of Fixed Income funds. The award follows receipt of the prestigious ‘Emerging Markets Fixed Income Manager of the Year’ award at the Global Investor ISF Awards 2016, held earlier in the year.

Commenting on the award, Usman Ahmed, Managing Director, Investments at Emirates NBD Asset Management said:

This is an exciting achievement for our team. The success of our Fixed Income range makes these funds an appealing prospect for investors looking for diversified strategies offering strong annual returns. Our funds are UCITS compliant, high income generators, with semi-annual dividend pay-outs on certain strategies making them attractive to income seeking investors. Our team deploys industry-leading knowledge and expertise to drive performance and manage risk. This allows us to effectively reduce volatility during periods of market stress, while maintaining performance that is ahead of our market peers.”

The Emirates NBD Asset Management Fixed Income fund range comprises a diverse selection of strategies which are actively managed to maximise total returns while minimising risk. The fund range includes conventional and Shari’a compliant investments in money markets, MENA fixed income, global Sukuk and emerging market debt. The Company manages 23 mutual funds, which are domiciled in Jersey and Luxembourg.

Tariq Bin Hendi, CEO, Emirates NBD Asset Management, concluded:

“This award is another testament to the strong performance of our Fixed Income strategies in 2016. We manage risk in a relatively volatile market by structuring funds that will deliver sustainable returns. This is made possible by an experienced and talented fund management team supported by highly qualified analysts and researchers.”

About Emirates NBD Asset Management:

Emirates NBD Asset Management Limited (Emirates NBD Asset Management), established in the Dubai International Financial Centre and regulated by the Dubai Financial Services Authority as a Category II Firm, is the wholly owned asset management business of Emirates NBD Bank, one of the largest banks by assets in the MENA region. Emirates NBD Asset Management provides a wide range of investment solutions, from in-house managed public funds to tailor-made discretionary solutions. It manages funds across a variety of asset classes, including MENA equity and global fixed income, global risk profiled solutions, UAE real estate, and a wide range of Shari’a compliant instruments, structured to cater for diverse risk appetites.

Each of the Emirates NBD Asset Management managed funds are currently domiciled in either Jersey (regulated by the Jersey Financial Services Commission) or Luxembourg (regulated by the Luxembourg Commission de Surveillance du Secteur Financier). As at 30th June 2016, Emirates NBD Asset Management had assets under management of approximately USD 3.5 billion.