KUWAIT CITY, Nov 13: KAMCO Investment Company, a leading investment company with one of the largest AUMs in the region, has been awarded “Asset Manager of the Year” from Global Investor, a renowned publication catering to the asset management sector. The award was presented to those who displayed high technical standards in the sector performance analysis, evaluation of investment services and business leadership, in addition to whether the latter were aligned to the company’s overall strategy and vision.
KAMCO was selected for this award amongst the other nominees in the asset management category; one of the many other categories inaugurated by the Global Investor magazine that aim to recognize the best local, regional and international investment companies. KAMCO won the title of “Asset Manager of the Year-Kuwait” after an extensive technical evaluation of the company’s performance, and acquiring the highest number of votes amongst other investment firms nominated for the award.
On this occasion, Chief Assets Officer of KAMCO, Mr. Salah Al Wuheib expressed his sincere gratitude and appreciation towards awarding KAMCO this admired title, asserting that his team is dedicated towards enhancing and implementing a progressive strategy in selective and innovative products within the key GCC and MENA market sectors.
Al Wuheib said, “Our Asset Management team worked diligently to grow and maintain KAMCO’s assets under management (AUM) over the years, further enhancing the company’s position as one of the largest asset management firms in the region, despite the current market situation. We will continue to actively seek future successes that will further enhance our distinctive investment performance levels, and benefit our investors and shareholders.
Al Wuheib received the award on behalf of KAMCO, during a prestigious ceremony held amid an investment forum organized by Global Investor. The event was attended by a plethora of senior representatives from the local and international investment scene.
Global Investor is a renowned print and online magazine that covers the financial and investment industry on a global scale. The magazine has focused on evaluating and rating publically held companies in these sectors. Some of the world’s most well respected economists and theorists have contributed to the content within the online and printed magazines, in addition to their business partners who have participated in the voting system which award nominees undergo for the various awards.