KAMCO wins World Finance ‘Best Investment Management Company in Kuwait’ award

Faisal M.Sarkhou

Faisal M.Sarkhou

KUWAIT: KAMCO Investment Company, a leading investment company with one of the largest AUMs in the region, won the reputable ‘Best Investment Management Company in Kuwait 2015 Award’ from the renowned World Finance magazine. KAMCO won the award based on a number of criteria including the evaluation of overall performance, financial services, team leadership, consistency, targets and objectives.

The magazine announced several category-based award programs in which KAMCO has won amongst other companies in the region. The ‘Best Investment Management Company in Kuwait 2015 Award’ was presented to the Kuwaiti company receiving the most votes when considering the set criteria, in which the votes towards KAMCO exceeded other investment firms nominated for the award.

“We at KAMCO would like to express our sincere gratitude and appreciation towards the World Finance team for nominating and awarding KAMCO the admired title for the second consecutive year. KAMCO will continue to enhance and implement its progressive strategy in selective and innovative products within the key GCC and MENA market sectors. KAMCO has also managed to maintain distinctive investment performance levels and continue its efforts in fulfilling key announced transactions despite weak market conditions,” said Faisal Sarkhou, KAMCO’s Chief Executive Officer.

Sarkhou continued to express that KAMCO’s assets under management (AUM) has been steadily increasing over the years, further enhancing the company’s position as one of the largest asset management companies in the region, regardless of the current market situation. In addition, the investment banking team at KAMCO has jointly lead the largest private sector corporate bond issuance in the history of Kuwait.

World Finance is a print and online magazine that focuses on covering the financial industry on an international and global scope. The magazine has focused on providing content to all those interested in finance, but also targets corporate and private investors, and finance professionals. Some of the world’s most well respected economists and theorists have helped in contributing the content within the online and printed magazines.

KAMCO Investment Company is a premier investment company based in Kuwait and is regulated by the Capital Markets Authority with one of the largest private sector AUMs in the region.

Established in 1998 and listed on the Kuwait Stock Exchange (KSE) in 2003, KAMCO is a subsidiary of United Gulf Bank (UGB) and is the asset management and investment banking arm of Kuwait Projects Holding Company (KIPCO).

It has become a leading regional company within its sector offering innovative products and services to its clients, holding over $11 billion of client AUM and has successfully completed over 82 investment banking transactions worth over $12 billion as of 30 September 2015.

With almost two decades of experience in conducting business in Kuwait’s dynamic investment industry, KAMCO has successfully established a robust reputation for solidity, characterized by its prudent, conservative investment philosophy and spirit of transparency, which has consistently commanded the goodwill of a wide patron-base.

The company will further aggressively build upon its core competencies to offer MENA-wide investment management consultancy and services, backed by its proven track record in stringent risk mitigation, investment product innovation, and a cautious investment approach towards local, regional and international capital markets.

This article was published on 29/02/2016