Global Investor Group award for 9th year in a row

Dr Husayn Shahrur receives Asset Manager of the Year | Kuwait for 2018 award

KUWAIT: Watani Investment Company K.S.C.C (NBK Capital) announced that it has been awarded the "Asset Manager of the Year | Kuwait for 2018" for the ninth year in a row, awarded by Global Investor Group, that gives you access to a wealth of news, analysis and data across the Asset Management, Securities Finance, Custody, Fund Services and Derivatives markets.

NBK Capital said in a press release that this award is a confirmation of its commitment to excellence and leadership. It is based on a series of fund management criteria and, according to the editors of the magazine, with the unanimous support of a number of investment and asset management experts. Has won numerous awards for major companies in the region that lead the investment field in terms of performance, innovation and excellence.

The diversification of innovative investment products and services, the adoption of best practices in investment operations and how to manage risk make NBK Capital outperform its peers in the region to offer the best asset management solutions to its customers.

Commenting on the achievement, Nabil Maroof, Deputy CEO of NBK Capital, said: "The award is a testament to our continued growth and continued interest in providing quality and highest standards in the investment products and services we offer to our clients and investors. We are always honored to receive such important awards "It represents recognition of our efforts to add value to our shareholders and stakeholders in every aspect of our activities and business."

Maroof said: "The award confirms NBKC's leadership in asset management locally and regionally and is instrumental in developing its performance and services to enhance local and regional leadership in the asset management sector and is an incentive to continue to strive for the best for investors and customers."

Maroof added: "The ability of NBK Capital to win these prestigious awards year after year is a result of our continued commitment to excellence by offering innovative investment solutions that meet the aspirations of our clients in the investment world. Innovative products, creative thinking and excellence in performance have enabled to receive several similar awards over the years."

The award was received by Dr Husayn Shahrur, Managing Director of MENA Asset Management at NBK Capital, during the annual Middle East Awards held in Dubai in November. He said that winning this award is a testimony to the success of the strategy of the National Investment to create investment opportunities of high value to investors.

Dr. Shahrur added that the innovative products, creative thinking and excellence in performance were behind NBK Capital, winning several similar awards over the years. and "Our business model is based on a balanced investment policy aimed at reducing investment risk by diversifying investment activity".

Dr. Shahrur concluded: "The regional asset management sector at NBK Capital will continue its efforts to enhance performance and enhance the company's position," And will make every effort to meet the needs of our extensive customer base. "

NBK Capital regional asset management offers innovative and outstanding investment products that are award winning and aim to achieve sustainable growth with a focus on transparency and risk management. These include separately managed accounts and investment funds. The company's MENA Asset Management team includes specialized and elite members with decades of experience in the Middle East and North Africa region.