Sedco Capital, the Jeddah-based asset management company, has recently been named the annual winner of “The Best Fund Manager” Award at the Global Islamic Finance Awards (GIFA), as part of the Asian Financial Forum in Kuala Lumpur, Malaysia. The Global Islamic Finance Awards ceremony has become recognized as the most prestigious and important annual event in the global Islamic financial community for its uniqueness in being offered exclusively for Islamic banking and finance. As well, its popularity has grown due to its celebrating of the success and contributions of individuals and institutions in the Islamic finance services industry. Contributing over 27 years of banking experience in the region and commenting on winning the award, SEDCO Capital's CEO Hasan Al Jabri said ”it is an honor to receive such a prestigious international award.
I would like to thank our team of Capital Market Authority (CMA)-registered professionals, who together have more than 500 years of experience in asset management, for providing our clients with the very best in wealth management services, sustainable growth, risk controls and good returns, which have been perfected to select best-in-class products and opportunities from across the globe.” He added that as a well-established global player, SEDCO Capital currently manages, advises, monitors and reports on an investment portfolio with strategic asset allocation amounting to SR11 billion. Hosting the GIFA, the Asian Finance Forum, while aiming to provide a platform for the exchange of insights of Asian industry leaders on key developments and transformational issues affecting the Islamic finance industry, is also concerned with the latest global trend of an economic and financial shift eastwards and vast innovations coming out of Asia, which are challenging the management thinking of the developed world. — SG
