Argaam Recognition Awards 2018 to honor excellence in Saudi stock market

Argaam.com has launched today the voting and selection round of Argaam Recognition Awards (ARA), an annual recognition granted by Argaam, to best-performing fund managers, IPO managers, and financial firms in Saudi Arabia.

The Award, which started off in 2017 and has garnered remarkable interest, is granted based on objective and transparent criteria in three categories:

(1) Top-Performing Mutual Fund for 2018, Top Performing Mutual Fund (3 Years), & Top-Performing Mutual Fund (5 Years)

(2) The IPO Manager of the Year (TASI & NOMU) and;

(3) Best Trading Platform and Best Brokerage Company (Customer Service)

Awards for the first two categories are based on the factual data and real performance of IPO and mutual fund managers during the period of assessment. While the third category is based on a survey of Argaam readers' opinion.

Commenting on the Awards, Anwar Banafea, Chief Operating Officer of Argaam, said: "The main goal of the Awards is to incentivize financial firms, fund managers and IPO managers to pursue the highest performance indicators (KPIs) and industry best practices. That eventually serves the investment goals of Saudi investors and public."

Banafea asserted that "all the categories of the Awards were designed based on objective and transparent methodology to reflect the real performance and track record of participants."

Argaam has marked February 24 as a date for disclosing the winners of the three categories; and invites you to vote for your favorite Trading Platform and Stock Brokerage Company, from the link below:

https://awards.argaam.com/en/poll