01/02/2025
Share:
01/02/2025
Share:
KUWAIT CITY, Feb 01: ABK Capital, the investment arm of Al Ahli Bank of Kuwait, received the ‘Most Innovative Multi-Asset Asset Fund Management Company’ award for the year 2024 during the annual ceremony organized by International Finance in Dubai. This recognition is in appreciation of the company’s excellence in offering various new investment solutions in the market, consistently keeping up with developments in the investment sector, and continuously providing added value to all its clients.
The award was received during a ceremony, attended by representatives of investment companies, financial institutions, and banks from across the region. The event showcased the criteria for selecting the company for the award and confirmed its commitment to the various standards set by the judging panel in this regard.
On this occasion, Mr. Abdulaziz Jawad, Chairman of the Board, said, "ABK Capital has demonstrated its great ability to innovate new investment solutions and products that attract more clients, meeting their needs according to the highest developments in the sector. Winning this award reflects the great trust in our capabilities and performance by global institutions specializing in performance evaluation."
Jawad emphasized, “At the heart of our success is a team whose commitment, innovation, and passion drive every achievement, setting high standards in the investment industry. Their relentless pursuit of excellence and client-focused approach ensures that we consistently deliver top-tier asset management solutions. This award would not have been possible without the tireless efforts and exceptional talent of our employees, who truly are our greatest asset.
Jawad added that the award reflects the company's keenness in offering noteworthy asset management and encourages customers to embark on their investment journey and obtain suitable returns through its diverse solutions, which cater to all local and regional market investment needs.
He added that the company continuously works on developing its investment and strategic plans to provide returns for investors in its funds, portfolios, and various investment solutions. He explained that it offers asset management and investment while noting that the company is developing its digital services as part of its digital transformation plan.
On his part, Dr. Husayn Shahrur, CEO of ABK Capital, said, "The new award adds to our distinguished track record throughout 2024. This comes after ABK Capital forged numerous
partnerships, most notably with global players like Blackstone and BlackRock, to offer leading global solutions to investors in the Kuwaiti market, in accordance with the regulatory standards and requirements set by the Capital Markets Authority in Kuwait's investment sector."
Shahrur revealed that ABK Capital introduced several new solutions including funds and portfolios for clients in 2024 as part of its ongoing commitment to meet their growing needs and help them diversify their investment strategies. This has helped increase their confidence and attract them to engage with the company, establishing it as a trusted investment partner in the local market.
He stated that ABK Capital works on informing investors about the latest developments and main trends in local, regional, and global markets, enabling them to make sound investment decisions that suit their needs and goals. He concluded that the company’s team is ready to serve customers, respond to their inquiries, and provide them with appropriate advice.
