DUBAI: Emirates NBD Asset Management Limited ("Emirates NBD AM"), owned by Emirates NBD bank, said Standard '&' Poor's stressed that five of the NBD-run funds still retain its S'&'P A rating for the current year.

The announcement follows the Stand '&' Poor's annual review of Emirates MENA Top Companies Fund, Emirates MENA High Income Fund, Emirates Conservative Managed Fund, Emirates Balanced Managed Fund and Emirates Active Managed.

Deon Vernooy, Head of Emirates NBD Asset Management, in a statement today, said the company was proud to the rating during one of the economically worst ever periods.

Emirates NBD Asset Management Limited ("Emirates NBD AM") provides a full range of investment products, offering exposure to the regional markets as well as global markets, covering all of the main asset classes, structured on either a Sharia compliant or conventional basis.

WAM/MMYS