25 Apr 2017
Jeddah, Saudi Arabia, 10 April 2017: As a result of its continued market-leading position, SEDCO Capital, a leading Saudi asset management firm, has been recognized as "Saudi Asset Manager of the Year" for the second consecutive year at the recently held MENA Fund Manager Performance Awards ceremony, following a stringent assessment process.
The 8th Mena FM Performance Awards recognized and honored fund and asset managers that outperformed industry peers during the last calendar year, and paid tribute to those who have shaped the MENA fund industry in 2017.
Commenting on the win, Hasan Al-Jabri, Chief Executive Officer of SEDCO Capital, said: “Winning this esteemed award for a second year in a row reflects SEDCO Capital’s superior performance and robust position as a leading asset manager regionally and globally whilst being dedicated to clients through a central tenet of alignment of interest.”
“At SEDCO Capital, we recognize that the asset management industry is dynamic and is constantly developing, and we are evolving our investment approach to ensure we continue to deliver solid and sound returns to our investors.” He added.
On accepting the award, Yazan Abdeen, Regional Portfolio Manager at SEDCO Capital, said: “It is an honor to receive the award for Saudi Asset Manager of the Year on behalf of the entire team at SEDCO Capital. 2016 has been another busy year for SEDCO Capital and this award is a direct result of the relentless work of the entire team and demonstrates the strength and depth of our expertise in the asset management industry.”
Built on a sterling history of advisory and management services, SEDCO Capital currently offers a full range of sophisticated services in asset management including asset allocation, real estate, private equity, public equity and liquidity instruments, with total assets under management (AUM) touching US$ 5 billion. The company has the largest set of Shariah funds registered in Luxembourg, and their investments span the globe.
With its solid track record, highly qualified professional team and well-studied processes and strategies, SEDCO Capital continues to be among the major players in the asset management industry in the region and around the world. SEDCO Capital adds extra value to existing practices with a prudent approach, active involvement, and diligent management.
The MENA Fund Manager Performance Awards recognized and rewarded top performers in the regions’ fund management space who have outperformed their peers in delivering value to fund and asset managers over the past 12 months. The awards ceremony attracts the heavyweights of the region’s fund management space, and one of the largest gathering of fund managers in the industry’s calendar. This year’s awards have been judged by a number of highly respected individuals from the region’s asset management sector.
SEDCO Capital is an asset management company headquartered in Saudi Arabia, with operations around the globe. SEDCO Capital has been in operation since 1976 and in early 2010 was relaunched as a standalone asset management company.