SudaneseOnline: سودانيزاونلاين

Abu Dhabi (February 3rd, 2012) - The National Bank of Abu Dhabi’s (NBAD) Asset Management Group has been named the UAE Asset Manager of the Year in MENA Fund Manager Performance Awards, presented by Mena Fund Manager magazine.
“Being named the Asset Manager of the Year is a true honour and is the culmination of a great deal of hard work by the whole asset management team here at NBAD,” said Alan Durrant, the Group Chief Investment Officer of NBAD and General Manager of Asset Management Group (AMG). “This year we were competing against very tough competition but we were again recognised for the outstanding product innovation, service and above all investment performance that we have delivered over the last year for our clients. 2011 was a harsh investment climate but the vast majority of our equity products outperformed their benchmarks and our fixed income desk delivered exceptional returns.”
NBAD's Asset Management Group, one of the largest asset managers in the region, delivered 9.26% returns for its fixed income for unconstrained institutional clients in 2011, despite tough conditions in financial markets.
Mr. Durrant continued: “Adding this accolade to the list of other awards that AMG has recently won confirms that we continue to deliver innovative products which meet the highest expectations of investors and contribute to the development of the asset management industry in the country.”
Last year, AMG won the Best Asset Manager in the UAE Award by Global Investor magazine, published by Euromoney's Global Investor recognized NBAD’s Asset Management Group for its innovative products and superior services. In addition, Asset Management Group was awarded Best Investment Product in the prestigious Banker Middle East Products Award 2011 sponsored by Banker Middle East magazine.
-    End-
Caption: Alan Durrant, the Group Chief Investment Officer of NBAD and General Manager of Asset Management Group (Middle) receives the award.

About NBAD
The National Bank of Abu Dhabi (NBAD), The Number One Bank in UAE, was incorporated in 1968 and is listed on the Abu Dhabi Securities Exchange (ADX), under stock code (NBAD).
Ranked as one of the top 50 safest banks in the world, NBAD currently operates across 13 countries on four continents.  NBAD has a network of more than 115 branches and 500 ATMs to provide banking services to customers all over the UAE.
Besides brick & mortar branches, NBAD provides 24 hour internet banking access through NbadOnline and NbadDirect, the SMS-based payment service (Arrow) as well as account access and personalised customer support through its 24-hour Call Centre.
NBAD’s overseas network stretches from Oman, Kuwait, and Bahrain in the G.C.C.; Egypt, Libya, and Sudan in Africa; UK, France, and Switzerland in Europe; Hong Kong and Jordan in Asia to Washington, D.C. in the U.S.A. Overall, NBAD has nearly 50 branches and 60 ATMs outside the UAE.
NBAD provides its customers with a wide variety of financial services targeting all segments of the consumer and corporate markets.
NBAD is rated senior long term/short term A+/A-1 by Standard and Poor's, Aa3/P1 by Moodys and AA-/F1+ by Fitch giving it one of the strongest combined rating of any Middle Eastern financial institution.
For further enquires, please contact:
Ehab Khairi
Media & PR Manager
National Bank of Abu Dhabi
Tel: +97126111190
Email: ehab.khairi@nbad.com
Web: www.nbad.com