Dubai – MENA Herald: Emirates NBD Asset Management Limited, the asset management division of Emirates NBD, a leading bank in the region, has been named ‘Cash Manager of the Year’ at the Global Investor/ISF MENA Awards 2015.

Emirates NBD Asset Management received the award in recognition of its $1.8 billion fixed income business, specifically the management of the Emirates Islamic Money Market Fund, a Shari’a compliant money market fund. In addition, Emirates NBD Asset Management was acknowledged for the range of short-term liquidity solutions the bank offers to its clients through money market mandates, both in a conventional and Shari’a compliant format.

Tariq Bin Hendi, Chief Executive Officer, Emirates NBD Asset Management said: “This award recognises the continued innovation shown by the team and our success in attracting capital from clients both from within the MENA region as well as  from other markets around the world. It is testament to the quality and range of conventional and Shari’a compliant funds we offer, in addition to our expertise in providing cash management solutions to clients across the MENA and global markets. We will continue to build on this success, fine tune our proposition and meet the increased demand from our clients.”   

The recognition follows Emirates NBD Asset Management’s triple win at the MENA Fund Manager Performance Awards 2015. Other recent company awards include: ‘Best MENA Fixed-Income Fund Manager 2015’ by CFI.co (Capital Finance International); ‘Fixed Income Manager of the Year’ and ‘CEO of the Year’ at the 2014 Global Investor/ ISF Investment Excellence Awards; ‘Best Investment Management Company 2014, UAE’ at the World Finance Investment Management Awards 2014; and ‘Best Regional Fund Manager’ at the Banker Middle East Industry Awards.

Emirates NBD Asset Management, regulated by the Dubai Financial Services Authority (DFSA), is one of the leading asset managers in the MENA region, and manages a range of products including MENA equity and fixed income funds and portfolios, UAE real estate, global risk profiled funds and a complete range of Shari’a compliant instruments.