Refinitiv Announces Winners Of 2021 MENA Markets & Global Islamic Top-Performing Funds
Refinitiv today announces the winners of the 2021 Lipper Fund Award Winners MENA markets and global Islamic top performing funds. The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers.
In the Arabian Markets category, BlackRock won the bond asset class awards, Jadwa Investment claimed the equity asset class award, while CDG Capital won the mixed assets and the overall asset class awards.
In the Arabian Markets Domestic category, Societe Tunisienne De Banque won the bonds asset class award, Jadwa Investment claimed the equity asset class award, and CDG Capital won the mixed assets and the overall asset class awards.
In the Global Islamic category, Jadwa Capital won the equity asset class award and Public Mutual won the mixed asset award.
"This year's Refinitiv Lipper Fund Awards recognized the steadfast resolve of award-winning managers and firms who successfully navigated one of the sharpest market downturns and recoveries on record enabling investors to maintain a level of economic confidence amidst a backdrop of uncertainty.
In a year that endured the impacts of an unprecedented global humanitarian crisis, in which markets reflected investors' emotions of shock and optimism, there was a degree of solace in having one's financial fortunes overseen by the stewardship of professional money managers.
The winners of the Refinitiv Lipper Find Awards for MENA Markets & Global Islamic 2021 deserve recognition for their exceptional work in mitigating substantial risks while delivering superior returns," said Robert Jenkins, Head of Research, Lipper, Refinitiv.