This year’s winners of the Refinitiv Lipper Fund Awards have been announced for Saudi Arabia. Based entirely on quantitative criteria, the industry’s premier awards programme recognises the country’s best performing funds through a rigorous and independent assessment process.
- For over 30 years and in 17 countries worldwide, the Refinitiv Lipper Fund Awards have honoured funds and fund management companies that have outperformed their peers on a risk-adjusted basis.
- The awards recognise mutual funds and fund families from across the following asset classes: equity, bond, mixed-assets, and alternatives, with additional awards presented to pension funds and exchange-traded funds in specific fund award universes.
- 2020 was a year like no other. Read what winners say about their achievement and the value these awards create for their firms, clients and the industry.
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Explore key industry insights and predicted trends from the 2021 fund industry leaders
In a year where market volatility reached record levels, and where business and operational models were completely upended, recipients of the 2021 Refinitiv Lipper Fund Awards for Saudi Arabia deserve a special mention for their resilience to a myriad of market risks, and commendation for their vision, innovation and mastery of today’s rapidly evolving financial markets. Congratulations to each winner.
The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers.
The awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for consistent return (effective return) value in each eligible classification wins the Refinitiv Lipper Fund Award.
Winners of the 2021 Refinitiv Lipper Fund Awards for Saudi Arabia
We congratulate this year’s fund family receiving an Asset Class Group award and the individual fund winners for their superior firm-wide performance.
Individual classifications of three-, five-, and ten-year periods, as well as fund families with high average scores for the three-year period are recognised. The awards are based on Refinitiv Lipper’s proprietary methodology.
Watch: Lipper Fund Awards
With a 48-year track record of providing independent content, Refinitiv Lipper data encompasses over 345,000 share classes across over 80 countries. Refinitiv Lipper Leader ratings are available for mutual funds registered for sale in 47 markets with over 500 global and 174 U.S. fund classifications.
A message from Refinitiv Lipper
Robert Jenkins, Head of Research, Lipper, Refinitiv said: “This year’s Refinitiv Lipper Fund Awards recognised the steadfast resolve of award-winning managers and firms who successfully navigated one of the sharpest market downturns and recoveries on record enabling investors to maintain a level of economic confidence amidst a backdrop of uncertainty.
“In a year that endured the impacts of an unprecedented global humanitarian crisis, in which markets reflected investors’ emotions of shock and optimism, there was a degree of solace in having one’s financial fortunes overseen by the stewardship of professional money managers.
“The winners of the Refinitiv Lipper Fund Awards for Saudi Arabia 2021 deserve recognition for their exceptional work in mitigating substantial risks while delivering superior returns.”
Messages from winners of the Lipper Fund Awards for Saudi Arabia
Some of this year’s award winners share what their award means for their firm and clients.
Al Rajhi Capital
“We are pleased at Al Rajhi Capital to have received this award, which affirms the prominent and distinguished performance of our funds.
“Al Rajhi Capital is keen to remain the leading player in the KSA capital markets investment and advisory services, and this award reflects our commitment to providing the best investment products and services through our highly competent team to the satisfaction of our clients..
“Receiving a Refinitiv Lipper Fund Award is an honour, and also a testament to our capabilities and expertise that allow us to provide investors with products suitable to their needs.
“Our Asset Management team has worked hard to achieve true value, and build on a long-lasting relationship with our clients.”
Waleed H. Al Rashed CEO, Al Rajhi Capital
Derayah
“We are honoured and delighted by the recognition. It is a testament to our investment process that led to this long-term outperformance for our investors. The award will be a key motivation for us to drive more achievements and excellence to our clients.”
Mohammed AlNahash, CIO – Financial Markets and Advisory, Derayah
Saudi Fransi Capital
“We are extremely proud and honoured to win the Refinitiv Lipper Fund Award, which is one of the most prestigious awards in the industry.
“Winning the award serves as a vindication of a very resilient investment process, which has done well in various cycles in the market and has stood the test of time.”
Salam AlKhunaizi, CEO, Saudi Fransi Capital
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Disclaimer:
The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers.
The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award. For more information, see lipperfundawards.com. Although Refinitiv Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Refinitiv Lipper.
