MANAMA: Sico, a leading regional asset manager, broker and investment bank, yesterday announced that the Sico Kingdom Equity Fund continues to outperform its benchmark index by a healthy margin ending the year as the top performing Saudi fund in the region with an annual return of 23 per cent versus an index return of 8.3pc
“We take a tremendous amount of pride in the fact that our experienced team of asset managers have been able to consistently deliver these remarkable results with our flagship Kingdom Equity Fund, which has doubled in value over the past seven years since inception in an environment where market returns have barely hovered above 20pc,” said Sico chief executive Najla Al Shirawi .