Ansbacher triumphs in 2005 private asset management awards

This is the third year running that Ansbacher has been short-listed by the Private Asset Management judging panel, which comprised leading exponents of private client investment manager selection and performance monitoring.

This year's win follows extremely successful investment performance across Ansbacher's model portfolio range in 2004 and reflects a consistency of risk adjusted investment returns over a rolling three year period for defensive investment mandates.

Hugh Titcomb, Ansbacher's Managing Director commented:"We are delighted to have received this award and for the recognition it has given to our investment approach, particularly given the stiff competition from other investment houses and private banks. Recognising that preserving investors' capital is as important as its creation, we focus primarily on the generation of absolute returns with an emphasis on low volatility."

Signifying the first step of its planned expansion strategy in the region, the Ansbacher Group opened its first Middle East office in Dubai in early December 2004 a few weeks after the completion of its acquisition by QNB. This step will enable the Group to strengthen its presence in the region and offer unrivalled wealth and investment management solutions and services to private and institutional clients particularly in Succession Planning, Fiduciary Services, Investment Management and Banking.