Posted on May 23, 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.