ABU DHABI, 12th February, 2017 (WAM) -- Abu Dhabi Financial Group, ADFG, has won the Best UAE Equity Fund for its Goldilocks fund at the MENA Fund Manager Performance Awards 2017.
The ADFG team received the honour at the ceremony held at The Ritz-Carlton, Dubai International Financial Centre, in front of prominent figures from the Middle East financial community.
Commenting on the awards, Jassim Alseddiqi, CEO of Abu Dhabi Financial Group, said, "These awards are a reflection of the tireless work and achievements that the ADFG team has completed over the last year. It fills me with immense pride that we picked up the award for Best UAE Equity Fund. Our Goldilocks fund consistently delivers results that are nothing short of exceptional, including an absolute return of 223 percent in 2016, and 384 percent since its inception in mid-2015.
The MENA Fund Manager Performance Awards are presented to firms based on overall performance, along with a wide range of qualitative and structural benchmarks. The honours are decided by a judging panel representing a cross-section of the industry’s leading institutional and private investors, as well as industry experts.