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| Strong fund performance in Asset Management reaps nine awards in one month |
| 5/3/2011 |
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NCB Capital the region's largest wealth manager by size, but now NCB Capital also being recognized as the provider of the very best asset management products. In April alone NCB Capital won nine awards for its funds, bringing the total for the year so far to an amazing fourteen.
Last month, NCB Capital honoured to win six Failaka Islamic Fund Awards and three Lipper Fund Awards - an unprecedented achievement that reflects the growth of our business both at home and internationally.
The Failaka awards were made at their sixth annual awards ceremony in Abu Dhabi and celebrate excellence in asset management. NCB Capital singled out for the performance of our funds in one, five and ten-year categories. Similarly, the Lipper Fund Awards, which honour funds that have excelled in delivering consistently strong risk-adjusted performance relative to peers, were given to NCB Capital in recognition of its strong fund performance over three, five and ten years.
The funds that both Lipper and Failaka recognised in their combined nine awards are the AlAhli Saudi Trading Equity Fund, the AlAhli Europe Trading Equity Fund and the AlAhli Asia Pacific Trading Equity Fund.
What is really gratifying is that NCB Capital has received accolades not just for our consistent fund performance over the short, medium and long term, but also for the geographic range of these funds.
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