HSBC Saudi Arabia Limited Funds receive four awards at MENA Fund Manager Performance Awards

Mr. Abdulhadi Shahadah (Chief Investment Officer) received the awards on behalf of HSBC Saudi Arabia Ltd.

The awards for the 'Sector Fund of the Year' were granted to 'HSBC Saudi Construction & Cement Equity Fund' in the one-year and the three-year performance categories.

The 'GCC Equity Fund of the Year' award was won by 'HSBC Amanah GCC Equity Fund' for the three-year performance category while the 'HSBC Amanah Multi Assets Defensive Fund' won the 'Fund of Funds of the year' award.

Mr. Osama Shaker, Managing Director & Head of Financial Markets at HSBC Saudi Arabia Ltd., commented, "We are delighted to have won these awards, which are a reflection of our strong commitment to deliver superior products and services to our clients. The quality and hard work of our dedicated team of experts have allowed us to achieve this recognition."

He also added, "HSBC is always striving to offer a wide-range of diversified investment products and solutions covering different asset classes, markets and sectors, including equities, with their various sectors, as well as commodities and Sukuk."