Thomson Reuters announces winners of 2012 Zawya MENA Funds Ranking

Thomson Reuters , the world's leading source of intelligent information for businesses and professionals, today announced the Zawya MENA Funds Ranking for 2012.

The rankings are calculated on an annual basis and have a set of fixed criteria for a fund to take part in the analysis, of which a minimum USD 5 million in size and a minimum 3 years track record.

Russell Haworth, managing director, Middle East and North Africa, Thomson Reuters , said: "The Zawya Funds Ranking is an independent ranking system that addresses the rising demand for accurate information, unbiased research and analysis, as well as increased transparency in the MENA funds industry through its emphasis on compliance and disclosure. For the year 2012, we have 26 ranked categories of which the winners were announced at the Zawya Funds Awards Gala dinner on 24th of April 2013."

Zawya Funds Ranking Awards:

Best Egypt Balanced Fund Of 2012: Al Massy Fund, EFG-Hermes Holding

Best Egypt Equity Fund Of 2012: EFG-Hermes Egypt Fund , EFG-Hermes Holding

Best Egypt Equity Islamic Fund Of 2012: EFG-Hermes Al Baraka Bank Egypt Fund, EFG-Hermes Holding

Best Egypt Money Market Fund Of 2012: Blom Bank Money Market Fund, CI Asset Management

Best Equity GCC Fund Of 2012 : LHV Persian Gulf Fund (A Share), LHV Asset Management

Best Equity MENA Fund Of 2012: T. Rowe Price Africa and Middle East Fund, T. Rowe Price International

Best GCC Equity Islamic Fund Of 2012: HSBC Amanah GCC Equity Fund, HSBC Saudi Arabia Limited

Best Kuwait Equity Fund Of 2012: Al Wasm Fund, Kuwait Finance and Investment Company

Best Kuwait Equity Islamic Fund Of 2012: Markaz Islamic Fund, Kuwait Financial Centre ( Markaz )

Best Lebanon Fixed Income Fund Of 2012: Beirut Golden Income Fund II, Bank of Beirut Invest s.a.l.

Best Morocco Balanced Fund Of 2012: CDG Izdihar, CDG Capital Gestion

Best Morocco Equity Fund Of 2012: Wineo Actions, Winéo Gestion

Best Morocco Fixed Income Fund Of 2012: CDG Monetaire Plus, CDG Capital Gestion

Best Morocco Money Market Fund Of 2012: Upline Perennite, Upline Capital

Best Oman Equity Fund Of 2012: Vision Emerging Oman Fund, Vision Investment Services Company

Best Qatar Equity Fund Of 2012: Al Waseela Fund (F Class), EFG-Hermes Holding

Best Saudi Arabia Equity Fund Of 2012: Saudi Istithmar Fund, Saudi Fransi Capital

Best Saudi Arabia Equity Islamic Fund Of 2012: Al-Saffa Saudi Equity Trading Fund, Saudi Fransi Capital

Best Saudi Arabia Islamic Fund Of Funds Of 2012: HSBC Amanah Multi-Assets Growth Fund, HSBC Saudi Arabia Limited

Best Saudi Arabia Money Market Fund Of 2012: Al Razeen Riyal Fund, Samba Capital

Best Saudi Arabia Trade Finance Islamic Fund Of 2012: Al Awwal SAR Murabaha Fund, Al Awwal Financial Services

Best Tunisia Balanced Fund Of 2012: SICAV Amen, Amen Invest

Best Tunisia Fixed Income Fund of 2012: Attijari Obligataire SICAV, Attijari Gestion

Best UAE Equity Fund Of 2012: Emirates Gateway Fund, SHUAA Capital

Best Worldwide Fund Of Funds Of 2012: SAIB Global Equity Fund, Alistithmar Capital

Best Worldwide Islamic Fund Of Funds Of 2012: Al Shamekh Shariah Compliant Fund, Riyad Capital


Zawya Fund Awards, as voted for by the industry, audited by Deloitte

Best Custodian Of The Year 2012: HSBC Bank

Best Administrator Of The Year 2012: Apex Fund Services

Best Law Firm Of The Year 2012: Al Tamimi & Company

Best MENA Asset Manager Of The Year 2012: EFG Hermes Asset Management

Best GCC Asset Manager Of The Year 2012: NCB Capital

Best Levant Asset Manager Of The Year: The Housing Bank for Trade & Finance

Best International Asset Manager Of The Year: Bank of London and The Middle East

Best Fund Manager Of The Year 2012: Tariq Qaqish

Most Compelling Personality Of The Year 2012: Farah Foustok

Best MENA Fixed Income Fund Of The Year 2012: Al Mal MENA Income Fund

Best Newcomer Fund Of The Year 2012: HSBC Amanah Saudi Freestyle Equity Fund