Acumen named once again Egypt’s asset management firm of the year

Acumen Asset Management, part of Egyptian investment bank Acumen Holding, was named the best asset management company in Egypt of 2018 by Dubai-based International Business Magazine on Monday.

International Business Magazine is a pioneer flagship journal brand seeking to motivate, choose amongst best talents, develop key policies, and bring out innovative deals amongst diverse spectrum of industries complying with business, financial, and other lead markets. Backed by dynamic, young, unbiased, comprehensive trained knowledge field experts, voracious readers and information collection team, the magazine always delivers and brings out unique, best in class, and never ever heard tales to promote excellence from all fields.

The magazine has global presence to all key deliverables right from niche to emerging markets, SMEs to lead corporates, stock exchanges, insurance sectors, and wealth and asset management sectors.

Acumen Asset Management won in February three awards from the MENA Fund Manager Performance Award 2018 in Dubai, Best balanced fund, Best MENA Equity Fund of under $75 million, and MENA Equity Fund of the Year.

In 2010, founder Rana Adawi, along with prominent Saudi businessman Hesham El Sewedy, and Mohamed Abdalla, founder of Coldwell Banker Egypt, have founded Acumen Holding with a paid-in capital of 30 million Egyptian pounds ($1.7 million).