Flip through the latest issue of Gulf Weekly.
A GCC equities fund, jointly managed by Gulf Finance House (GFH) and Kuwait Finance and Investment Company (KFIC), has won the prestigious Lipper Award.
The Shariah-compliant Al Basha'er GCC Equity Fund was selected for 'best performance over a three-year period' in the 'Equity GCC' category.
Salah Rahimi, deputy chief executive officer of GFH and chairman of the fund, together with Yousef Al Ebrahim, head of business development at KFIC, received the award at the Lipper Fund Awards 2009 ceremony, held at Ritz Carlton Bahrain Hotel and Spa.
The annual Lipper Awards, presented by Thomson Reuters, are the top awards for the global fund industry and are given for consistently superior investment fund performance. The awards are presented to funds in 21 countries in Asia, Europe and the United States.
