SHUAA makes it four in a row with MENA FM's Best UAE Equity Fund
Last Update: Saturday, January 31, 2015 : 16:35 (+4GMT)
31 January 2015 - SHUAA is pleased to announce its Emirates Gateway Fund has been awarded Best UAE Equity Fund 2014 in the category ‘three-year performance’ by MENA FM at the MENA Fund Manager Performance Awards. The EGF was awarded best fund in the ‘three year performance’ category in 2013 and received the award for Best UAE Equity Fund in 2012 and 2011.
HH Sheikh Maktoum, Executive Chairman of SHUAA Capital, commented: “The Emirates Gateway Fund has provided our customers a consistent return over a number of years, including+16.4% through 2014 and +186% since 2012. We are proud to have been awarded best UAE equity fund after putting in another excellent performance and feel confident that we will be able to deliver the same high quality service to our clients going forward”.
SHUAA Asset Management’s Emirates Gateway Fund has achieved an absolute return of +16.4% during 2014 and +186.0% over a three year period. SHUAA Asset Management's Gateway Fund Series has the longest investment track record in the MENA region and the Asset Management team has continuously been awarded for its outstanding and fund performance.
The winners were selected by representatives from MENA Fund Manager and leading industry experts. Judges based their decision on fund performance as well as qualitative and structural criteria and the collection and analysis of the Awards entries was completed with Riscura, a global independent financial analytics provider and investment consultant.
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