INVESTMENT GROUP

Jordan Broker of the Year • Jordan Asset Manager of the Year

Al Arabi Investment Group Co. (AB Invest) is the investment banking arm of Arab Bank, a well-established financial institution in the region.

AB Invest offers a wide range of services, including brokerage, research, asset management, corporate finance, and private equity. The company is particularly well known as the leading private asset manager in Jordan, managing a significant amount of third-party assets. Additionally, AB Invest has launched several funds that focus on the MENA region and are both conventional and Shariah-compliant, investing across different asset classes.

In 2022, AB Invest’s brokerage division experienced substantial growth, more than doubling its market share in the first eight months of the year. This allowed the company to increase its market share to 8.83% from 3.87% in 2021 and move up the rankings from 7th to 1st among 56 licensed brokers in terms of value traded of listed securities on the Amman Stock Exchange (ASE). AB Invest is also a leading broker for Jordanians who invest in the MENA region and internationally, in Europe and the USA. The company, in partnership with Arab Bank, launched e-Tadawul, a digital platform that allows Arab Bank clients to easily access AB Invest’s foreign brokerage services in a paperless manner. Despite the uncertainty and geopolitical risks in 2022, such as the war in Ukraine and rising inflation rates leading to large interest rate hikes by central banks, AB Invest’s Fund achieved a return of 2.23% as of the end of Q3 2022 on a year-to-date basis, which was better than the -2.08% return by the Dow Jones MENA Index and -2.44% return by the S&P Pan Arab Investable Index.

In 2022, AB Invest’s brokerage division experienced substantial growth, more than doubling its market share in the first eight months of the year.

Al Dhabi Capital

UAE Asset Manager of the Year

Al Dhabi Capital is a reputable investment management company that focuses on managing assets in the Middle East and North Africa (MENA) region.

As of August 2022, the firm has over $500 million in assets under management, including portfolios for UAE, long-only MENA, and MENA dividends. The MENA Equity team has consistently achieved outstanding returns since the portfolio’s establishment in January 2012, with a return of 374.60% compared to the S&P Pan Arab’s return of 149.65%, resulting in a significant outperformance of 224.95%. On an annualised basis, the MENA Longonly Equity Strategy has consistently outperformed the benchmark across all time periods and has delivered high returns compared to its peers. The strategy has delivered consistent returns in the upper quartile and has outperformed the median manager in the MENA Equity universe over the past 10 years. The portfolio has performed well in both up and down markets.

In 2021, Al Dhabi’s MENA equity portfolio performed exceptionally well, returning 51.8% to its investors. Despite global challenges, the team is on track to deliver another year of strong returns for shareholders in 2022. With more investors turning to MENA equities as a bright spot in a challenging environment, Al Dhabi is well-positioned to assist clients in achieving their investment goals. The firm has a stable and experienced team with a long tenure, and a diverse team of investment professionals with nearly 80 years of combined investment experience and strong academic credentials such as CFA, PhD, MBA, and master’s in finance and economics. The team comprises of both male and female investment professionals from four different nationalities, each with unique specialisations within the MENA markets.

In 2021, Al Dhabi’s MENA equity portfolio performed exceptionally well, returning 51.8% to its investors. Despite global challenges, the team is on track to deliver another year of strong returns for shareholders in 2022.