With its first success in the UCITS category, Arendt & Medernach has been named "Best Advisory Firm" for the second year running at the 2014 MENA Fund Manager Fund Services Awards which was held in Dubai on 14 January 2014.
The MENA Fund Manager Awards reward service providers who have shaped the fund industry in the Middle East and North Africa (MENA) region and recognise firms which outperformed their peer group in 2013.Run by the publication MENA Fund Manager, the prize was awarded for the second time this year. The judging panel was made up of experts active in the industry.
"We are delighted to win a prestigious fund services award in the MENA region for the second year in a row. This award, voted by such a distinguished jury, which includes the largest asset managers in the region, shows that Arendt & Medernach is recognised regionally as having the leading position advising MENA based fund managers on their Luxembourg domiciled UCITS and investment funds" says Florence Stainier, Investment Funds Partner and responsible for the MENA region at Arendt & Medernach.
Bishr Shiblaq, Head of the Dubai office, adds "Our regional presence in Dubai has strongly enhanced our ability to service MENA based fund managers, ensuring high quality service during local business hours, as well support services not offered by any other Luxembourg law firm."