Banker Middle East Product Awards 2009:
Banker Middle East Product Awards 2009:
Bank Sarasin-Alpen awarded for the 'BEST STRUCTURED PRODUCT’ and 'BEST NEW PRODUCT’
Bank Sarasin-Alpen wins two prestigious awards with the ‘BEST STRUCTRED PRODUCT’ award for its Sarasin-Alpen Rabobank Enhanced Agri Note, as well as the award for 'BEST NEW PRODUCT’ for the Sarasin GCC Equity Opportunities Fund (USD) at the Banker Middle East Product Awards 2009.
Best Structured Product – Sarasin-Alpen Rabobank Enhanced Agri Note
Winning the Best Structured Product Award for the second time in a row reaffirms Bank Sarasin-Alpen’s capability to build innovative and exclusive products. With this product, clients get advantage of participating in Rabobank’s worldwide food and agriculture research strength, along with a 100% unconditional ‘AAA’ guarantee of Rabobank at maturity.
Best New Product – The Sarasin GCC Equity Opportunities Fund (USD)
The GCC Equity Opportunities Fund (USD) is the first fund launched by Sarasin-Alpen & Partners Limited. By investing equally across the equity markets of Saudi Arabia, Kuwait, UAE, Qatar, Oman and Bahrain, the Fund provides excellent diversification. Unlike most funds, which are required to be fully invested at all times, the Sarasin GCC Equity Opportunities Fund (USD) is able to increase exposure when the market is trending upwards and reduce exposure when the market is trending downwards. It is therefore ideally suited to clients who recognize the opportunities of investing in the region yet remain alert to the risks.
Another Win for Bank Sarasin-Alpen
“We are delighted to have done it again. This award is testimony to our perfectly balanced service offering in the Middle East.”, says Rohit Walia, Executive Vice Chairman and CEO of Bank Sarasin-Alpen. “We are also excited about being recognized for the Sarasin GCC Equity Opportunities Fund, which is the first offering from Sarasin-Alpen & Partners Limited, our asset management company”.
“We are delighted that the Sarasin GCC Equity Opportunities Fund (USD) has received such a prestigious award, says Paul Cooper, Senior Executive Officer, Sarasin-Alpen & Partners Limited. “While some investors may question the timing of its launch, we believe that the current environment represents a unique opportunity to buy into the future prosperity of the region at distressed levels. Its unique investment process has been designed specifically for the region and we are extremely proud that it has been recognized in this way”
“At Sarasin-Alpen, we strive to build products which offer our clients exclusive investment opportunities, not available elsewhere says Sudarshan Malpani, Executive Director, Sarasin-Alpen (ME) Limited. “The Sarasin-Alpen Rabobank Enhanced Agri Note’s successfully tested investment strategy, efficient pricing and consistent back tested returns makes it a winning opportunity”.
Bank Sarasin-Alpen provides a complete set of high quality private banking and asset/wealth management services to private and institutional clients in the region. It is a subsidiary of the Swiss private bank Sarasin & Co. Ltd, which is majority owned by the ‘AAA’ rated Dutch Rabobank. Bank Sarasin-Alpen has also recently launched its asset management firm – Sarasin-Alpen & Partners Limited. The company is co-owned by Sarasin & Partners LLP, London, which aims to establish itself as a leading asset manager in the region.
For more information please contact:
Harald Melzer, Corporate Communications, Media Relations
Telephone +41 (0)61 277 70 48 e-mail: email@example.com
Sameena Ahmad, Corporate Affairs
Telephone +971 (0)4 363 43 00 e-mail: firstname.lastname@example.org
Sarasin – www.sarasin.com
The Sarasin Group has its roots as a leading Swiss private bank. As an international financial service provider committed to sustainability, the Group is now represented in 18 locations in Europe, the Middle East, and Asia. By end of June 2008 it managed total client assets of CHF 81.4 billion and employed around 1,300 staff. Its majority shareholder is the AAA-rated Dutch Rabobank.
Bank Sarasin-Alpen (ME) Ltd – www.sarasin-alpen.com
Bank Sarasin-Alpen is incorporated as Bank Sarasin-Alpen (ME) Limited in Dubai, as Bank Sarasin-Alpen Qatar, LLC, in Qatar and as Sarasin-Alpen LLC, in Oman. These subsidiaries of Bank Sarasin, Basel, Switzerland provide the complete range of Bank Sarasin’s private banking services. In addition to UAE, Qatar and Oman, the bank caters to the requirements of private & institutional clients in the Middle East & South Asia.
- Sarasin-Alpen receives a license from the Central Bank of Bahrain
- Sarasin-Alpen & Partners appoints a new Senior Executive Officer
- Bank Sarasin-Alpen wins the Best Structured Product Award at the Banker Middle East Product Awards 2010
- Bank Sarasin-Alpen wins 'BEST PRIVATE BANK IN THE MIDDLE EAST’ award for the second consecutive year
- Bank Sarasin-Alpen wins the Arabia CSR Awards 2011