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Business 1 min read 80 views

Abu Dhabi Financial Groups Goldilocks Fund Receives Award at MENA Fund Manager Performance Awards 2017

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 gathered the honour at the event held at The Ritz-Carlton, Dubai International Financial Centre, in front of noticeable numbers from the Middle East's monetary community. Commenting on the honors, Jassim Alseddiqi, CEO of Abu Dhabi Financial Group, stated: "These awards are a representation of the tireless work and accomplishments that the ADFG team has completed over the last year. It loads me with immense satisfaction that we grabbed the award for Best UAE Equity Fund. Our Goldilocks fund consistently supplies outcomes that are absolutely nothing except remarkable, consisting of an absolute return of 223 percent in 2016, and 384 per cent since its beginning in mid-2015.

The MENA Fund Manager Efficiency Awards exist to companies based upon general performance, in addition to a variety of qualitative and architectural standards. The honours are determined by a judging panel representing a cross-section of the industry's leading institutional and exclusive financiers, as well as industry specialists.

ADFG has a track record of success at the MENA Fund Manager Performance Honors, winning UAE Property Manager of the Year in 2016. Following consecutive years of landmark international deals and remarkable performance, the Group won back to back awards for Outstanding Efficiency & Innovation in 2014 and 2015, and got the award for Private Equity Fund of the Year in 2013.

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