News of Bahrain
Bahrain25 July 20172 min read

Takaud reports outstanding six month results

Manama : T akaud said that its Global investment strategies have posted impressive mid-year returns, marking a new 6-month high for the performance of the company's bespoke strategies. Leading the way is the Global Growth Strategy, which saw an increase in value of fully 9.91 per

Editorial Team Legacy

Published 25 July 2017, 8:00 · Updated 21:27

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Takaud reports outstanding six month results

Manama : Takaud said that its Global investment strategies have posted impressive mid-year returns, marking a new 6-month high for the performance of the company’s bespoke strategies.

Leading the way is the Global Growth Strategy, which saw an increase in value of fully 9.91 per cent in just the first six months of 2017. The Global Balanced Strategy posted a 5.84pc 6-month increase, while the Global Prudent Strategy’s 3.31pc performance exceeded last year’s first-half performance.

Takaud, a the specialist provider of savings, investment and pension solutions for the MENA region, focuses on creating and offering diverse investment strategies. These investments comprise mutual funds from a wide range of industries and regions, in addition to bonds or sukuk and cash.

Johannes van der Dong, Takaud’s Chief Investment Officer said, “Right now, markets are in good shape and our investment strategies are benefitting.”

Investment Analyst Zainab Ebrahim said, “We monitor our investments constantly. If any should not perform, we are ready with high-quality alternatives.”

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