Jadwa Investment, a leading Saudi Arabian investment management and advisory firm, has been awarded the 2016 Lipper Global Islamic Fund Awards for its Global Sukuk Fund and Arab Market Equity Fund. The award recognizes Jadwa Investment for consistently providing strong, risk-adjusted performance relative to its benchmark and peers. Earlier this year, the Saudi firm had its investment manager quality rating of MQ2 reaffirmed by Moody's for the 7th consecutive year, reflecting its consistent performance and adherence to global best practices in the investment process and control functions. Tariq Al-Sudairy, Managing Director and CEO of Jadwa Investment, said: "Being recognized by Lipper, one of the highest standards of excellence across the globe, is an honor and a matter of great pride for us. This award validates Jadwa Investment's commitment and ability to provide the best of investment management to its clients. Our funds have consistently delivered differentiated risk-adjusted performance under the leadership of our asset management team." The awards are part of the broader Thomson Reuters Awards for Excellence program and are presented annually by Lipper, a leading mutual fund rating and research firm. Lipper data covers more than 306,000 share classes and over 128,000 funds in 63 markets. — SG
