Once More Man Investments awarded Best Hedge Fund Company at the Banker Middle East Industry Awards 2009
Man Investments, one of the world’s leading alternative investment providers with over 22 years of presence in the Middle East, has, for the second year in a row, been awarded “Best Hedge Fund Company” at the prestigious Banker Middle East Industry Awards 2009.
Attended by H. E. Mr. Rasheed Mohammed Al Maraj, Governor of the Central Bank of Bahrain, the Banker Middle East Industry Awards gathered more than 350 government officials, regulators as well as banking and finance executives to recognise and award the best institutions operating in the Middle East in 24 different categories. Banker Middle East introduced the hedge fund award in 2008. Already then, Man Investments was able to walk away as the unrivalled winner.
Patrick Merville, CEO of Man Investments Middle East, said: “Winning the award for the second year in a row is an honour for us as it shows that other industry leaders recognise Man as a leader in developing the hedge fund industry in the Middle East.”
Man Investments’ first regional office in the world was opened in 1986, based in the Arab region. Since then, the company has established a robust base of institutional and retail clients. Man Investments is part of Man Group plc, one of the world’s largest hedge fund providers.
“Banker Middle East Industry Awards are widely recognised as the benchmark of excellence and we are very pleased to have been the winner in this category since its inception,” added Merville.
During the voting process, which started in April and closed early this month, nominees were elected from a shortlist pre-selected by the judging panel, which comprises international industry specialists from the major rating agencies, the region's financial centres and independent banking consultants who remain anonymous to ensure unbiased selections.
The picture shows Adel Dagher (middle), Director, Man Investments, collecting the award at the ceremony.
