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On May 18, 2021, Refinitiv Lipper unveiled the results of the Refinitiv Lipper Fund Awards for the Arabian Markets. The awards are based on the Lipper Leader rating for Consistent Return. These ratings are calculated using a utility function based on the effective return over multiple non-overlapping periods—within the respective three-, five-, and 10-year horizons, based on Lipper’s proprietary performance-based methodology. Eight Group Awards, including the coveted Overall Award, were also given to firms with superior asset class performance. Digital trophies were awarded to winning individual and group funds.
The Lipper Fund Awards is a showcase of industry leaders, visionaries and influencers. For more than 30 years and in over 17 countries worldwide, these highly-respected awards have honoured funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance relative to their peers.
In addition, winners in the Arabian Markets Domestic and Global Islamic Markets were also awarded for their outstanding performance. View the 2021 Global Islamic winners here and the Arabian Markets Domestic winner here.
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