SEDCO Capital wins Best Asset Manager 2016 Award

SEDCO Capital, a leading Saudi asset management firm, has once again received recognition from Global Investor/ISF MENA Awards 2016 as “Asset Manager of the Year: Saudi Arabia”. Meanwhile, ISLAMICA 500 ranked Hasan Al-Jabri, Chief Executive Officer of SEDCO Capital, as one of top 50 leaders who make the Islamic economy in 2017. Al Jabri said: “We at SEDCO Capital are proud of this award, which emphasizes the strength of our asset management platform in Saudi Arabia and reflects our commitment in further enhancing the performance of various funds provided to our clients. I would like to congratulate all members of the SEDCO Capital team and thank them for their relentless efforts, which played a key role in positioning the company as a regional leader in the industry.” Al Jabri added: “I am truly honored to have been both nominated and selected to be a part of this prestigious list. It is a testament to the hard work and dedication shown by the entire team at SEDCO Capital. SECDO Capital’s success resonates in the relationships we have cultivated with our customers, partners and colleagues through the years.” He further said : “Today, we are delighted to see the Islamic finance industry become an important part of the international financial system. Shariah compliance has been part of our DNA, since inception. We pioneered and launched the ground-breaking and first Islamic Index with Dow Jones in addition to being the first Shariah-compliant and Saudi Arabian signatory to the UNPRI, making our investments not only add value to our clients but also add value to our society.” The Islamic economy is a vibrant part of the world’s economy. Globally, Islamic finance assets currently amount to approximately $1.2 trillion and are expected to more than double to $2.6 trillion by 2017, thus potentially creating massive opportunities in this rapidly growing industry. SEDCO Capital is a global asset management firm with an investment reach, instruments and reputation spanning global markets. With a history stretching back to 1976, SEDCO Capital’s asset management experts have pioneered a Shariah-compliant, prudent and ethical approach that delivers world-class investment solutions to its client base. The firm’s clients benefit from several world-class investment funds and instruments, including its Luxembourg funds platform. SEDCO Capital is the first Saudi asset manager and the first fully Shariah- compliant asset manager to be a signatory of the United Nations Principles of Responsible Investing (UNPRI). — SG