Waha Capital’s MENA Equity Fund wins EuroHedge 2021 Award

Waha Capital’s MENA Equity Fund wins EuroHedge 2021 Award

The EuroHedge Awards recognise the best performing funds globally, through an analysis of performance-based evaluation metrics which aim to reflect the two primary objectives of hedge funds – to manage volatility and to deliver returns for investors. For 2021, performance and success were specifically evaluated in the context of volatility related to the global pandemic, uncertain markets and macroeconomic developments.

Mohamed El Jamal, Chief Investment Officer of Waha Capital’s Public Markets Business and Lead Portfolio Manager of the Waha MENA Equity Fund said: “Being recognised by the EuroHedge Awards as the Best Emerging Markets Equity fund is the culmination of a decade-long process in building and growing our asset management platform. We are delighted to see the dedication of our teams being distinguished once again, and we remain resolute in our pursuit to become the asset manager of choice in emerging markets. We share and celebrate this award with our long-standing investors, our entire team, as well as the broader Abu Dhabi community and hope to be back again next year!’’

Waha Capital, which reported a 2021 net profit of AED 391 million, has over US$1.25 billion of assets under management (AUM) in its Public Markets business. The Company operates two core