Emirates NBD asset management wins ‘Fixed Income Manager of the Year’

·        The Emirates NBD Asset Management Fixed Income team have consistently generated strong returns for investors
·        The unique structure and performance of the Fixed Income fund range is credited for the win

Dubai, United Arab Emirates; 1st November, 2016: Emirates NBD Asset Management has been awarded ‘Fixed Income Manager of the Year’ at Global Investor ISF’s 2016 MENA Awards. The award was given in recognition of the exceptional performance of the Company’s range of Fixed Income funds. The award follows receipt of the prestigious ‘Emerging Markets Fixed Income Manager of the Year’ award at the Global Investor ISF Awards 2016, held earlier in the year.

Commenting on the award, Usman Ahmed, Managing Director, Investments at Emirates NBD Asset Management said:

“This is an exciting achievement for our team. The success of our Fixed Income range makes these funds an appealing prospect for investors looking for diversified strategies offering strong annual returns. Our funds are UCITS compliant, high income generators, with semi-annual dividend pay-outs on certain strategies making them attractive to income seeking investors. Our team deploys industry-leading knowledge and expertise to drive performance and manage risk. This allows us to effectively reduce volatility during periods of market stress, while maintaining performance that is ahead of our market peers.”

The Emirates NBD Asset Management Fixed Income fund range comprises a diverse selection of strategies which are actively managed to maximise total returns while minimising risk. The fund range includes conventional and Shari’a compliant investments in money markets, MENA fixed income, global Sukuk and emerging market debt. The Company manages 23 mutual funds, which are domiciled in Jersey and Luxembourg.

Tariq Bin Hendi, CEO, Emirates NBD Asset Management, concluded:

“This award is another testament to the strong performance of our Fixed Income strategies in 2016. We manage risk in a relatively volatile market by structuring funds that will deliver sustainable returns. This is made possible by an experienced and talented fund management team supported by highly qualified analysts and researchers.”