Jadwa Investment, a leading investment management and advisory firm in the Middle East, was awarded Asset Manager of the Year for 2024 as part of the Saudi Capital Market Awards announced at the Saudi Capital Market Forum last week. The award was presented by Eng. Khalid Abdullah Al-Hussan, CEO of Saudi Tadawul Group and Fahad Kordi, President of CFA Society Saudi Arabia, and received by Faisal Al-Rayes, Chief Investment Officer and Head of Asset Management at Jadwa Investment.
This is the second time Jadwa has received this award. It was also named Best Asset Manager for 2022.
Tariq Al-Sudairy, Managing Director and CEO of Jadwa Investment, commented: “We are honored to receive this recognition on a national stage. 2024 marked new milestones for Jadwa, driven by strong business growth and outstanding investment performance. We thank our clients for their continued trust and the Saudi Exchange for their leadership in advancing Saudi Arabia’s capital market.”
Faisal Al-Rayes, Chief Investment Officer and Head of Asset Management at Jadwa Investment, added: “This award reaffirms Jadwa’s capability to establish and maintain a robust investment team within a fiercely competitive regional landscape. It reflects our unwavering commitment to delivering exceptional value to our clients while upholding the highest standards of investment excellence.”
In addition to being awarded Asset Manager of the Year for 2024 by the Saudi Capital Market Awards, Jadwa was also awarded Best MENA Equity Group, Best MENA Equity Fund (3, 5 and 10 years), Best GCC Equity Fund (10 years), and Best Saudi Equity Fund (10 years) at the 2024 LSEG Lipper Fund Awards, Best Asset Manager by EMEA Finance, and Best Global Sukuk Fund Strategy & Performance (1 year) by Global Banking and Markets.
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