NCB Capital, the region’s leading investment firm and Saudi Arabia’s largest asset manager, has been honored with six wins in the Thomson Reuters Lipper Fund Awards 2017 for local and global fund performance.
“We are very pleased to have been recognized in several categories at this year’s awards, which follows many Lipper Award wins in previous years,” said Sarah Jammaz Al Suhaimi, NCB Capital’s CEO. “The Thomson Reuters Lipper Fund Awards are among the most prestigious in the investment sector and our six wins recognize excellence of performance by NCB Capital’s funds and our fund managers, who are to be congratulated on this outstanding success.”
AlAhli Freestyle Saudi Equity Fund won the Best Fund Over One Year Award in the Equity Saudi Arabia category, and AlAhli Emerging Markets Trading Equity Fund won the Best Fund Over Three Years Award in the Equity Emerging Markets Global category. AlAhli Asia Pacific Index Fund won four awards for the Best Fund over One Year, Two Years, Three Years and Five Years in the Equity Asia Pacific category.
For more than three decades and in over 20 countries worldwide the Thomson Reuters Lipper Fund Awards have honored funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance relative to their peers. Renowned fund data and proprietary methodology is the foundation of the Award qualification. Individual classifications of three-, five-, and ten-year periods, as well as fund families with high average scores for the three-year period are recognized.
A world leader in developing investment products, NCB Capital is globally recognized by consistently winning prestigious awards, presented by leading financial publications and organizations including Euromoney, EMEA Finance, Thomson Reuters Lipper and many others.
NCB Capital was founded in 2007 as the investment banking and asset management arm of the National Commercial Bank, providing clients with premier solutions of integrated investment services. Today, NCB Capital is the largest Asset Manager in the Kingdom of Saudi Arabia and the largest Sharia compliant Asset Manager globally with more than SAR140 billion of assets under management.