The National Bank of Abu Dhabi’s Asset Management Group (NBAD AMG) has been named Asset Manager of the Year by the prestigious Global Investor/ISF at their Middle East Summit and Awards 2013.
“Being named the Asset Manager of the Year is a true honor and a testament to our commitment of serving our customers with outstanding performance and to our record in developing innovative products to meet the ever expanding demands of investors,” said Mark Watts, the Managing Director and Chief Investment officer. “This award also confirms our leading role in facilitating the growth of the asset management business in the region.”
This award add to the list of accolades awarded to NBAD’s Asset Management Group which include recognition for our Islamic expertise in the form of Best Asset Management House in Middle East by International Takaful Awards for the second year running.
NBAD’s Asset Management Group launched the GCC’s first exchange-traded fund in 2010, the NBAD OneShare Dow Jones UAE 25 ETF. The ETF was named the Best Investment Product in the prestigious Banker Middle East Products Award 2011 sponsored by Banker Middle East magazine.
The Group’s products allow access to our expertise, whether for an individual investor or a large institution, and we look to satisfy client needs offing either growth or income strategies to suit their requirements.
“I am particularly proud of the efforts that the team has put in over the past year. And I believe that 2014 will be an exciting time for us as we are looking to launch a number of new and innovative strategies that provide income for clients and further cement us as the asset manager of choice in the UAE and the region. As a result, we are attracting capital to the UAE; allowing us to play an important role in helping Abu Dhabi toward its 2030 vision,” Mr. Watts said.
Global Investor/ISF Middle East Summit and Awards 2013 was held in Doha, Qatar.