11.09.2012 - Emirates NBD funds awarded Silver Grading by S&P Capital IQ
Emirates NBD Asset Management, the asset management arm of Emirates NBD announced that its Emirates MENA Fixed Income Fund and its Emirates Global Sukuk Fund have both been awarded a Silver grading by global ratings agency Standard and Poor’s (S&P) Capital IQ Fund Services. The Emirates MENA Fixed Income Fund holds assets of $86 million, and offers daily liquidity in US dollars, UK pounds and UAE dirhams. It is the only S&P graded fund in the MENA fixed income space. The Emirates Global Sukuk Fund also offers daily liquidity, in US dollars and Euros, and is $55 million in size...............................................Full Article: Source
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