Al Masah Capital Augments Existing Team

Published June 2nd, 2010 - 01:08 GMT
Al Bawaba
Al Bawaba

Al Masah Capital Limited, a new, major player which entered the Alternative Asset Management field in January 2010 has augmented its existing team with the appointment of Akber Naqvi as an Executive Director, with a mandate to grow and develop the hedge fund business.
With over 12 years of extensive portfolio and fund management experience under his belt, Naqvi is seen as an authority, having witnessed multiple market fiscal cycles in the US and the MENA region. In the past five years he has handled an average of $600 million in mutual funds and specific discretionary client mandates with great success.
His coming on board Al Masah Capital adds a powerful dimension to the functioning of the company and introduces a new and dynamic approach to investment management and advisory roles, thereby ensuring that this young financial organisation has fast tracked its image as a big player in the market and one that intends to set the standards undeterred by the current market fluctuations. 
Naqvi’s public and privately managed funds and portfolios have consistently outperformed the competition and ranked in the top regional quartile. In an investment career spanning US, MENA and other emerging capital markets, Akber has managed an investment return of 30% annually, utilizing a specialized portfolio and trading approach developed over the past 12 years.
According to the Founder and CEO Shailesh Dash, a veteran in the market himself, Naqvi is synonymous with credibility and will generate tangible pull in the investors. “We are delighted he has joined us and his counsel will be invaluable,” he said adding that he has been given a mandate to provide and achieve unparalleled fund and portfolio management solutions and investment returns.