Independent asset management firm Amwal has been awarded “Best Asset Manager” for the fourth consecutive year by Emea Finance in recognition of the company’s investment performance track record.

Amwal CEO Fahmi Alghussein said, “I am delighted that our team was recognised for our disciplined and robust investment process once again. We take pride in being the only asset manager in Qatar whose fund has outperformed the index every calendar year since 2006.”

He added, “Amwal’s Qatar Gate Fund over the past five years has successfully achieved gross returns of 57% above the benchmark Qatar Exchange Price Index and was ranked the No 1 equity fund in the Mena region for 2013.”

In 2014, Amwal was appointed the manager for Al Hayer GCC fund. “We are confident that we will replicate our home market success in a wider GCC context using the same rigorous fundamental approach to investing”, Alghussein said.

Amwal’s flagship products include the Qatar Gate Fund, in partnership with Ahli Bank as well as the Al Hayer GCC Fund, in association with Doha Bank. Both products aim to achieve sustainable long-term capital appreciation.

“Over the past 16 years, Amwal’s performance and pioneering investment approach have earned the respect of investors and industry peers both in Qatar and the region. We are confident that this award further cements our strong positioning and market leadership and encourages us to continue offering innovative products and services that deliver maximum sustainable return on investments,” Alghussein said.

Established in 1998 by founder and chairperson Sheikha Hanadi bint Nasser bin Khaled al-Thani, Amwal was Qatar’s first independent asset management firm that supported the development of the financial services industry in Qatar.

A leading asset management firm with a track record in managing equities, Amwal offers non-banking financial advice to Qatari investors and helps them realise wealth and asset management aspirations, according to a statement.