Jadwa Investment, an investment management and advisory firm in the Middle East, was awarded “Best Asset Manager in the Middle East” and “Best Asset Manager in Saudi Arabia” by EMEA Finance at the Middle East Banking Awards 2022. The ceremony was held at the Shangri-La Hotel Dubai last week.
The year 2022 was a noteworthy year of business achievements for Jadwa. The firm’s managed funds delivered net outperformance of +1.23 percent to +15.64 percent relative to benchmarks across all of its local and regional public equity strategies. Jadwa also launched a series of multi-asset class funds and international alternatives funds, giving clients greater choice and efficient access to diversified investment portfolios that cater to different risk/return and geographic exposure preferences. The firm finished the year with the divestment of its stake in Saudi Aramco Base Oil Company, known as Luberef, through a SR5 billion ($1.33 billion) initial public offering on the Saudi exchange, one of the country’s largest IPOs since Saudi Aramco.
The Middle East Banking Awards, now in their 15th year, are organized by EMEA Finance to honor the best commercial banks, investment banks, brokers and asset managers across the Middle East. EMEA Finance is an independent financial news magazine, awards issuer and event organizer based in London and covering Europe, Middle East and Africa.
Tariq Al-Sudairy, managing director and CEO of Jadwa Investment, said: “We are honored to be selected for this achievement on the international stage by EMEA Finance. 2022 was a year of exceptional results for Jadwa as we continue to build on a 16-year track record of long-term value creation and an expanding universe of best-in-class investment offerings for our clients.”
Jadwa’s investment management offerings for public equity investors comprise regional funds (including Jadwa Saudi Equity Fund, Jadwa Saudi REIT Fund and Jadwa REIT Al-Haramain Fund, Jadwa GCC Equity Fund and Jadwa Arab Markets Equity Fund), international funds (including Jadwa US Quantitative Fund, Jadwa Developed Markets Equity Fund and Jadwa Emerging Markets Equity Fund), and segregated mandates. The firm also offers private equity, real estate, private credit, and fixed income investments to private and institutional clients.
