In recognition of its excellent investment performance track record, Amwal, Qatar’s leading independent asset management firm was awarded the ‘Best Asset Manager’ in Qatar for the fourth year in a row by EMEA Finance.
Commenting on the win, Mr. Fahmi Alghussein, CEO of Amwal, said, “I am delighted our team has been recognized for our disciplined and robust investment process once again. We take pride in being the only asset manager in Qatar whose fund has outperformed the index every calendar year since 2006. Amwal’s Qatar Gate Fund over the past five years has successfully achieved gross returns of over 57% above the benchmark Qatar Exchange Price Index and was ranked the number one equity fund in the MENA region for 2013.
“Over the past 16 years, Amwal’s performance and pioneering investment approach has earned the respect of investors and industry peers both in Qatar and the region. We are confident that this award further cements our strong positioning and market leadership and encourages us to continue offering innovative products and services that deliver maximum sustainable return on investments.” In 2014, Amwal was appointed as the manager for Al Hayer GCC fund. “We are confident we will replicate our home market success in a wider GCC context using the same rigorous fundamental approach to investing”, he added.
Amwal’s flagship products include the Qatar Gate Fund in partnership with Ahli Bank, and the Al Hayer GCC Fund in association with Doha Bank. Both products aim to achieve sustainable long term capital appreciation.
Established in 1998 by H.E. Sheikha Hanadi Nasser Bin Khaled Al Thani, Founder and Chairperson, Amwal is Qatar’s first independent asset management firm that supported the development of the financial services industry in Qatar. A leading asset management firm with a successful track record in managing equities, Amwal offers non-banking financial advice to Qatari investors and helps them realize their wealth management and asset management aspirations.