The Refinitiv Lipper Fund Award Winners have been announced for the Saudi Arabian fund industry. The legacy, reputation and quantitative underpinning of what these awards encapsulate reflect an independent and uncompromized assessment of fund performance. We congratulate this year’s two fund families receiving Asset Class Group awards and individual fund winners for their superior firm-wide performance.
- The merit of the winners of the Refinitiv Lipper Fund Awards: Saudi Arabia 2020 is based entirely on quantitative criteria.
- For more than 30 years and in over 17 countries worldwide, these awards have honored funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance and focuses the investment world on top funds.
- Read what the winners said about their outperformance and the value these awards create for their firms, clients and the industry.
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2020 Saudi Arabia Lipper Fund Awards winners
Individual classifications of three, five, and ten-year periods, as well as fund families with high average scores for the three-year period are also recognized. The awards are based on Lipper’s proven proprietary methodology.
A message from Refinitiv Lipper
Robert Jenkins, Head of Lipper Research at Refinitiv said: “In a year of dramatic change across the global economy, climate and the environment, and political cultures, it has never been more important to have your investments entrusted with talented and experienced professionals.
“The Refinitiv Lipper Fund Awards recognize those exceptional managers and fund management groups who navigate these changes and steer your assets into outperforming returns.”
With a 40-year track record of independent content, Lipper data covers more than 330,000 share classes in 86 countries. The Lipper Leader ratings are available for mutual funds registered for sale in 47 markets with over 500 fund classifications.
Messages from the winners in the Saudi Arabia fund industry
See what top-ranked institutions in the Saudi Arabia fund industry are saying about the 2020 Saudi Arabia Refinitiv Lipper Fund Awards:
“We are pleased to have received this prestigious award once again, which is testimony to our excellence in providing innovative solutions in the areas of portfolio and investment management.
“We are extremely proud and honored to win the Refinitiv Lipper Fund Award — one of the most prestigious awards in the industry. Winning the award serves as a vindication of a very resilient investment process that has done well in various cycles in the market and has stood the test of time.
“There is a strong value-add from these awards. They help us as an organization to evaluate and reinvent ourselves in a growing and highly competitive asset management industry in Saudi Arabia and GCC.
“Our clients would be extremely pleased with the award. We have a diverse and stable client base and an award from Lipper vindicates our fund management capabilities.
“We have always been very focused on the fundamentals, and we do not get swayed by the noise in the market. Unearthing value in sectors that have had headwinds in the past few years bears testimony to the power of a disciplined fundamental and value-oriented approach towards investing. This has been our core strength that we have built over many years.”
Waleed Fatani, CEO, Saudi Faransi Capital
“It’s been an honor to receive this award that has been well-recognized in the investment industry for over 30 years.
“The last three years were extraordinary investment time. We have had a spike in the volatility that was not seen in the previous 10 years.
“We are enjoying overcoming this challenge by rewarding our investors’ trust by delivering the Best Performance in Three Years category.
“Our goal is to pursue absolute return by investing in small companies listed in the Saudi Parallel Market.
“Winning such a prestigious award for three years of performance shows our commitment towards sustainable long-term performance resulting from our team professionalism and expertise.’’
Hisham Tuffahah, Chief Information Officer, Osool & Bakheet Investment
“The Refinitiv Lipper Fund Awards are a true testament of HSBC Saudi Arabia’s investment capabilities and our ability to deliver high-quality investment solutions for our clients. It puts a crown on our continuous efforts and dedication to deliver the best to our clients.
“Our robust network of skilled professionals, our investment techniques and our discipline is the key to our success.
“Because no matter what the plan is, how skilled you are, or how good the process is, without discipline and consistency, objectives will not be achieved.
“Winning these awards reassures our clients that HSBC-SA is one of the best asset managers in the region; one that you can rely on to deliver disciplined and well-governed investment solutions.”
Abdullah S. Alsalman, Head of Asset Management (Acting), HSBC-SA
“Morgan Stanley Investment Management is delighted to be awarded the Saudi Arabia 2020 Lipper Fund Award.
“Through a combination of expert local knowledge, and both regional and global perspectives, the Saudi Equity portfolio team has delivered a strong track record by providing unique perspectives and market-leading investment ideas to our clients.
“Investment management, on the ground in the Kingdom since 2009, is an important pillar of Morgan Stanley Saudi Arabia, where our broad client offering also includes investment banking, capital markets and equity trading.
“Our Saudi Equity portfolio team is proud of its success in the Lipper Awards, winning the MENA Markets category for Best Fund over three and five years in 2017, 2018 and 2019, and over 10 years in 2020.
“We look forward to continuing our partnership with our clients, delivering new opportunities and solutions to help them reach their financial goals.”
Morgan Stanley Investment Management, Morgan Stanley Saudi Arabia, Portfolio Management Team (Saudi Equities)
“Aljazira Capital is honored to be recognized for the quality of its products and services.
Refinitiv Lipper Fund Awards’ independence and uncompromized methodology brings tremendous value to Aljazira Capital, the fund management industry, and current and potential clients because it puts the spotlight on top performers delivering risk-adjusted returns.
“Aljazira Capital has been a recipient of several Lipper Fund Awards during recent years for a wide range of asset management products, and it is an honor to be recognized by such a distinguished institution.”
Ziad Aba Al-Khail, Chief Executive Officer & Managing Director, Aljazira Capital
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Watch: Refinitiv Lipper Fund Awards
Watch: On-Demand Webinar — Arabian Fund Market Review and Announcing the Winners:
The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers.
The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award. For more information, see lipperfundawards.com. Although Refinitiv Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Refinitiv Lipper.