Jadwa Investment Grows its Core Client Business By 39% in 2015

Jadwa Investment, a leading Saudi Arabian investment management and advisory firm, today announced its 2015 full-year financial results, achieving SAR 247.47 million in total revenues and SAR 93.56 million in net income. These results were achieved through a 39 percent growth in the firm’s core client business and a 37 percent increase in its client base. 

Tariq Al Sudairy, Managing Director and CEO of Jadwa Investment said, “2015 was a year in which we continued to deliver strong performance and superior returns to clients in the face of significant market volatility, outperforming the TASI index by 17%.  These results are a reflection of our diligent investment methodology and unwavering commitment to clients.”

During 2015, Jadwa Investment’s assets under management grew to SAR 19.8 billion, and its flagship equity funds – Jadwa Saudi Equity Fund, Jadwa GCC Equity Fund, and Jadwa Arab Markets Equity Fund – continued to outperform the market, with all three being the best performing funds within their respective categories. These results contributed to reaffirming Jadwa’s Investment Manager Quality Rating of MQ2 by Moody’s.  In addition, Jadwa launched two new private equity funds totaling over SAR 1 billion, and raised its first real estate development fund in Makkah.

“Our financial results and business accomplishments in 2015 reflect the resilience and sustainability of Jadwa’s underlying business performance in the context of an ever changing investment landscape.  We are also proud to announce that, with our 2015 dividend distributions, we have now returned all paid capital by our founding shareholders through accumulated dividends.”

Looking forward to the remainder of 2016, oil prices, economic reforms, and global economic activity frame the key investment trends to watch. “We continue to be confident in Jadwa’s prospects and growth momentum in 2016, and we remain committed to serving our clients’ best interest” continued Tariq. “We do expect to see continued growth in the private sector, particularly in industries that are driven by the strong demographic fundamentals, growing religious tourism, and the Kingdom’s globally competitive energy cluster.”

Jadwa Investment offers wide-ranging investment services that support both individual and institutional financial goals. With a proven track record in asset management, private equity, real estate, investment management advisory, and investment banking, Jadwa Investment is a comprehensive financial services firm.