Amwal wins award for Best Asset Manager in Qatar and ME
19 Mar 2017 - 23:11
Amwal has won the “Best Asset Manager in the Middle East”award for the first time and the “Best Asset Manager in Qatar”award for a sixth consecutive year in EMEA Finance’s annual Middle East Banking Awards.
Both accolades were presented at the EMEA Finance’s Middle East Banking Awards 2016 Awards Ceremony held at the Conrad Hotel in Dubai on March 1. “At Amwal, our focus has been to build a long-term track record with a professional and methodical approach to managing money, and this has helped us deliver superior and consistent performance over time,” says Fahmi Alghussein, CEO at Amwal. “We have replicated our investment approach in the Qatari market into the GCC markets where we are able to present to our clientsa similar outstanding performance,” said Talal Samhouri, Head of Asset Management at Amwal.
“Qatari Asset Manager Amwal scoops our 2016 award for the Best Asset Manager in the Middle East. The firm’s success is a reflection of its ambition, growth and performance in its home market. Having expanded its coverage into the GCC markets in the past several years, the investment team managed strong performance over the past 12 months, generating alphas of over eight percent, which is not an easy task given the high market volatility experienced in equity markets,” said Christopher Moore, Publisher & CEO, EMEA Finance magazine.