25 November 2014

SHUAA named EMEA Finance's Best UAE Asset Manager for fifth consecutive year

Dubai - SHUAA Asset Management has been chosen as the Best Asset Manager in the United Arab Emirates by EMEA Finance magazine's Middle East Banking Awards 2014. SHUAA Asset Management has achieved this honour for the past five consecutive years as recognition for the strong performance of its asset management team.

HH Sheikh Maktoum, Executive Chairman of SHUAA Capital, commented: "We are proud that once again our asset management team have been acknowledged for their excellence in delivering consistent returns for our clients. Winning this award for the fifth year in a row is a significant achievement and a strong motivation for our team to stay focused on delivering outstanding performance."

SHUAA Asset Management's flagship funds, the Arab Gateway Fund and the Emirates Gateway Fund, have achieved an absolute return of 16.2% and 30.2% respectively so far this year. Launched in 1999, SHUAA's funds hold the longest investment track record in the region, and the experienced Asset Management team's consistent ability to perform has continuously been awarded over the years.

distributed by