SAUDI ARABIA – November 25, 2020:   Refinitiv today announces the winners of the Lipper Fund Award Winners for the Saudi Arabia Fund Industry 2020. These highly-respected awards recognize funds and fund management firms that have excelled in providing consistently strong risk-adjusted performances relative to their industry peers – the merit of the winners is based on objective, quantitative criteria.

 
As to the Gulf Cooperation Council (GCC) Equity Awards, Jadwa GCC Equity Fund by Jadwa Investment won the three, five, and ten-years category. The Global Equity Awards went to AlJazira International Equities Fund by AlJazira Capital for the three and five-year category, and Riyad Global Equity Sharia Fund by Riyad Capital for the ten-year category. 
 
As to the Saudi Arabia Equity Awards, Osool & Bakheet Parallel Market Trading Equity by Osool and Bakheet Investment Company won the three-year category, AlAhli Freestyle Saudi Equity Fund by NCB Capital CJSC won the five-year category, and Morgan Stanley Saudi Equity Fund by Morgan Stanley Saudi Arabia won the ten-year category. 
 
The Real Estate Equity Award went to Al Qasr GCC Real Estate & Construction Equity Trading Fund by Saudi Fransi Capital JSCC, while the Mixed Asset Award went to HSBC Multi-Assets Growth Fund by HSBC Saudi Arabia Limited for the three-year category, and Al Jazira Diversified Aggressive Fund by Al Jazira Capital for the five-year category. 
 
“In a year of dramatic change across the global economy, climate & the environment and political cultures, it has never been more important to have your investments entrusted with talented and experienced professionals. The Refinitiv Lipper Fund Awards recognize those exceptional managers and fund management groups who navigate these changes and steer your assets into outperforming returns,” said Robert Jenkins, Head of Lipper Research at Refinitiv.
 
With a 40-year track record of independent content, Lipper data covers more than 330,000 share classes in 86 countries. The Lipper Leader ratings are available for mutual funds registered for sale in 47 markets with over 500 fund classifications.