Global Banking & Finance

National Investments Company

Best Asset Management Company of the Year, GCC 2021

• Winning this award consolidates the Company’s leading position in asset management in Kuwait and GCC
• NIC maintains a disciplined and rational approach in all its business, based on its position as an integrated asset management company

The Awards presented by the platform reflect the innovation, achievement, strategy, progressive and inspirational changes taking place within the Global Financial Community, in addition to expertise and excellence in the world of the economy national Investments Company (NIC), the leading investment asset management house, won the Best Asset Management Company of the Year, GCC 2021from the leading financial platform Global Banking & Finance. This platform relies on particular criteria in recognizing the companies which are prominent in particular areas of expertise and excellence within the financial world.

The Award was given NIC in recognition of its performance in asset management, being one of the largest regional companies in terms of the size of assets under management that exceeded one billion Kuwaiti dinars, in addition to internationally recognized technical standards to measure the strength, stability and development of the general growth of companies.

On this occasion, Mr. Fahad Abdulrahman Al-Mukhaizim, Chief Executive Officer of NIC said in a press release: “Receiving this global Award consolidates our position as a leading company in the asset management sector at the level of Kuwait and GCC countries, and also reflects our commitment to providing investors with pioneering and excellent products. This Award drives us to continue our mission to be always at the forefront to advance the Company’s sectors to new and broader horizons.

Al-Mukhaizim pointed out that NIC always maintains a disciplined and rational approach in all its business, based on its position as an integrated asset management company, where it is concentrating on the constructive presence in the market and gaining customer confidence on the one hand, and pursuing innovation, excellence and competition on the other hand. He emphasized that the Company’s plans provide it a safe competitive environment, noting that it has taken a package of precautionary measures to deal with developments in the current situation in order to preserve the rights of its shareholders and thus the realized growth rates. The company’s asset management team always strives to carry out its mandates and capture excellent opportunities even in periods of financial turmoil.

Al-Mukhaizim praised the collective efforts made by the Company’s team and the absolute support it receives from the Board of Directors and the Executive Management, emphasizing that this approach will continue in the future with utmost precision and efficiency to optimally meet the aspirations of its client at all local, regional and global fronts with a view to maintaining the Company’s progress and leading position.