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Emirates NBD Asset Management wins 'Best Fixed Income Fund' and 'Best Real Estate Fund' at the International Finance Magazine UAE Awards 2015

Emirates NBD Asset Management Limited, the property administration business of Emirates NBD, a leading bank in the area, has won top honours for two of its in-house taken care of funds at the International Finance Magazine (IFM) UAE Awards 2015. The Emirates MENA Fixed Income Fund was granted 'Best Fixed Income Fund UAE' and the Emirates Real Estate Fund was called 'Best Real Estate Fund UAE'.

Discussing the honors, Tariq Bin Hendi, Chief Executive Officer, Emirates NBD Asset Management claimed: "We are delighted to have been acknowledged by IFM as well as the worldwide financial investment community. These respected distinctions reflect the professionalism as well as critical expertise of our team, promoting the outstanding returns we have supplied to our clients in the MENA and international markets.".

The Emirates MENA Fixed Income Fund, led by Usman Ahmed, Head of Investments, Emirates NBD Asset Management, is a diversified profile making up fixed income safety and securities of differing maturations, cash deposits, and also other secondary instruments. The fund is created to supply high earnings return as well as capital growth, and also is an identified leader in set income funds in the region. It has accomplished regular return and also funding growth since beginning.

The Emirates Real Estate Fund, led by Tim Rose, Head of Real Estate, Emirates NBD Asset Management, is a Shari'a compliant open-ended portfolio which is structured with the purpose of creating revenue and achieving resources appreciation in the medium-to-long term through a diverse array of revenue producing real estate properties in the UAE. The USD 416 million fund is the biggest, and lengthiest developed, fund handled by Emirates NBD Asset Management. It has actually achieved 8 % revenue return and also resources appreciation in the past 12 months, and also 50.4 % revenue return and capital recognition in the past four years.

The IFM Awards honour individuals as well as organisations in the international financing sector that declare the greatest standards of innovation and also efficiency. Winners are shortlisted making use of a mix of reader nominations and specialist analysis, comprising interior and also exterior study, together with a worldwide jury.

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