Doha, Qatar – 23 May, 2017
The First Investor (TFI), a subsidiary of Barwa Bank Group and the leading Qatari closed shareholding investment banking firm, has been awarded the “Best Islamic Asset Management Company Qatar 2017" by UK based “Global Banking and Finance Review” (GBAF) magazine.
TFI is a Sharia’a compliant portfolio manager specialized, amongst other domains, in managing investment portfolios and funds. TFI flagship fund, the TFI GCC Equity Opportunities Fund (Q) was launched in October 2012 for QAR100mn as an open-ended collective investment fund, sponsored by Barwa Bank and managed by TFI, with the Fund being registered under the Laws of Qatar. Since inception, the fund NAV achieved an impressive c.28% and benchmarked to Bloomberg GCC200 Index, which is up by c.12.5% over the same period.
TFI Chief Executive Officer, Houssam Kharbotli, said in a statement: “The Award is a credit to TFI’s performance and expertise. This recognition together with other various awards come to bear upon the perseverance of our asset managers to deliver unparalleled performance as well investment return to our valued clients and we shall continue to deliver an innovative, client-centric investment products that meets and exceed our clients’ expectations”.
The GBAF magazine awards reflect the innovation, achievement, strategy, progressive and inspirational changes taking place within the Global Financial community. The awards were created to recognize companies of all sizes which are prominent in particular areas of expertise and excellence within the financial world.
Such acknowledgement showcases TFI’s maintenance of their rank atop regional players not only reflects the team’s ability to sustain focus, but also their dedication to continuously refining investment themes that generate superior returns for a diverse client base, all while widening their investable opportunities.
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About The First Investor (TFI)
TFI is a leading Shariah investment company in Qatar and is regulated by the Qatar Central Bank. A wholly owned subsidiary of Barwa Bank, TFI is emerging as one of the most respected investment banking firms within the region, combining Qatari leadership with both international and local expertise to provide dedicated services in Investment Banking, Asset Management and Real Estate Investment. Through its strong international network of relationships and deep technical expertise, TFI provides a global approach in helping clients formulate, deliver and manage effective corporate strategies. Visit www.tfi.com.qa for more information.
About Barwa Bank
Barwa Bank is a Shari’ah-compliant bank in the State of Qatar, established in Doha and licensed and regulated by the Qatar Central Bank. Barwa Bank provides a full range of Shari’ah-compliant banking services including retail, corporate and commercial banking, private banking, real estate finance, structured finance, investments and asset management.
© Press Release 2017
