January 24, 2018
Welcome
Search
 
Home    News & Announcements
KAMCO awarded “Fixed Income Manager of the Year”
20/11/2017

KAMCO Investment Company, a leading investment company with one of the largest AUMS in the region, has been awarded the “Fixed Income Manager of the Year 2017” at the Global Investor Group MENA awards ceremony, held recently in Dubai - UAE. KAMCO was awarded the prestigious title in recognition of the Firm’s exceptional performance and regional exposure in managing fixed income securities.

KAMCO was first nominated for the award given the Firm’s track-record and lead manager roles in executing key bond and sukuk issuances in the local and regional market during the year. In addition to the issuances, the Firm primarily invests in a portfolio of MENA Conventional and Sukuk bonds diversified by country, sector, issue and credit structure.

Commenting on the award, Chief Investment Officer of KAMCO, Mr Khaled Fouad, said, “This award is a testament to the success of serving our clients. Our team delivered excellent results using our risk management framework, research-driven approach and investment philosophy in a variety of market environments.”

Mr Fouad also added that the fixed income market in the region has seen a strong growth as compared to last year as regional economies raise money to plug budget deficits and fund infrastructure investments. Corporate bond issuance have also remained very active across the region. The growth was led by issuances in Kuwait and Saudi Arabia and the market is expected to see additional issuances catering to the long pending need for fixed income investors, for both Islamic and conventional investments.

End

Previous   Next