16.04.2012

Kuwait Financial Centre Markaz has won two more prestigious Lipper awards.

The leading Middle East investment banking and asset management company’s “Markaz Fund for Excellent Yields - MUMTAZ” and “Markaz Islamic Fund” were named best Kuwaiti equity fund over five years by renowned global fund research company Lipper.

The awards add to Markaz’s already impressive haul of titles from Lipper. The asset management company’s funds have now won a total of 12 Lipper awards during the last five years.

Ms. Amani Al-Omani, Executive Vice-President - MENA Equities at Markaz said: “The award reflects our prudent risk management policy at Markaz combined with our commitment to achieve the best performance for our clients by following research-driven methodology and investing in high quality assets.”

Al-Omani added: “These awards reaffirm Markaz’s position as a regional leader in asset management and come as a result of the company’s constant effort to achieve milestones and to offer well researched financial services that preserve our clients’ investments in a highly volatile investment environment.”