KUWAIT: February 8, 2015
NBK Capital is pleased to announce that its National Bank of Kuwait – Egypt Balanced Fund (Al Mizan), managed by NBK Capital Asset Management Egypt, has been recognized by the MENA Fund Manager Magazine as “The Best Performing Fund” in its Balanced Class in the region. This award of exceptional performance was presented to representatives of NBK Capital Asset Management Egypt at the MENA Fund Manager Performance Awards 2015 ceremony, held earlier this year in Dubai. The award recognition was based on a series of Fund Management criteria judged by MENA FM editorial panel and a selection of industry experts.
Ahmed Mokhtar, Managing Director of NBK Capital Asset Management Egypt commented, “Reaping such accolade proves the high quality standards our professionals are providing for our clients and investors”; he also added, “We endeavor to foster our leadership in the market with our innovative financial solutions”.
NBK Capital Asset Management Group is pleased to add this award to its collection of similar accolades of excellence it has recently received; the group currently manages four funds in Egypt: money market, balanced, equity and Islamic equity, in addition to separately managed portfolios.