NBAD receives four accolades at MENA Fund Manager Awards


(MENAFN- Emirates News Agency (WAM)) The National Bank of Abu Dhabi, NBAD, has won four awards at the MENA Fund Manager Performance Awards 2015.

NBAD's Global Asset Management received recognition as 'Best Exchange Traded Fund (ETF)' for NBAD Oneshare MSCI UAE UCITSETF, 'Best New Fund' for NBAD Shariah MENA Dividend Leader Fund' and 'Best UAE Fund' for NBAD UAE Growth Fund. In addition, the bank was awarded 'Best MENA Fund under US$50 million' which went to NBAD Islamic MENA Growth Fund.

The MENA Fund Manager Performance Awards 2015 recognised and rewarded top performers in the regions' fund management space who have outperformed their peers over the course of 2014.

"It is an honour to have been named a winner of four awards from MENA Fund Manager. This recognition is the result of the tireless efforts of our team, and we will continue our commitment to deliver groundbreaking and competitive investment products that address the market's needs," said Claude-Henri Chavanon, Managing Director and Head of Global Asset Management at NBAD.

The winners were selected by representatives from MENA Fund Manager as well as select leading industry experts. Judges based their decisions on fund performance as well as qualitative and structural criteria.

"Over the past years, NBAD's Global Asset Management has continuously strived to become the market leader in providing innovative and world class funds. These awards are a result of our ability to understand clients' needs and to provide them with tools that help them to capitalise on market opportunities," said Saleem Khokhar, Head of Equities and Fund Management at NBAD's Global Asset Management.


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