QInvest, Qatar’s leading investment group and one of the
most prominent Islamic financial groups globally,
announces that it has been named ‘Islamic Fund Management
Firm of the Year’ at the Corporate Livewire Global Fund
Awards.
These awards were formed to recognise outstanding
performance and excellence within the global financial
services industry. They recognise the performance of
Funds, Fund of Funds (FoF’s), hedge funds, Fund of Hedge
Funds (FoHF’s) as well as the service providers working
behind the scenes to successfully manage and advise on all
aspects of the funds Industry.
Commenting on the award Tamim Hamad Al-Kawari, Chief
Executive Officer of QInvest, said:
“We are very pleased to have won this award and for our
talented and experienced team to be recognised. Our asset
management business is going from strength-to-strength,
continually innovating to ensure we develop world-class
offerings whilst also responding to investors’ needs for
[increasingly] diversified portfolios.”
Dr Ataf Ahmed, Head of Asset Management at QInvest
added:
“During the first half of 2015 we continued to cultivate
new business and develop existing relationships across the
asset management business. Our clients benefit from the
impressive returns which we have generated across our
portfolios, in particular QMAP, QInvest’s pioneering open
architecture Sharia’a compliant fund platform.”
The Asset Management division previously announced their
impressive performance and returns which they have
generated across the Bank’s portfolios. Additionally, the
team announced the inclusion of the regional equity fund,
the Qatar Equity Fund (the ‘Fund’) to the QMAP platform,
QInvest’s pioneering open architecture sharia’a compliant
funds. The Fund uses the highly successful local equity
strategy, which has annualized returns of above 22% since
launch in 2013, and is significantly ahead of the
benchmark and its peers. Whilst previously only offered as
a segregated account, the new Fund now provides access to
a broader number of eligible investors.