SICO equity funds achieve highest gradings from S&P

Manama, Kingdom of Bahrain, 8 May 2013: Bahrain-based regional investment bank, Securities & Investment Company (SICO), announced today that all five of its equity funds received the highest grading in the MENA region from Standard & Poor’s Capital IQ.  In its 12-month review covering the period to 31 December 2012,  S&P Capital IQ graded three of SICO funds ‘Gold’, while two were graded ‘Silver’.

According to S&P Capital IQ, the underlying factors for SICO’s fund grading included: ‘A strong and growing investment team with relatively modest staff turnover; the development of disciplined risk monitoring procedures compared to its peers; and a consistent track record and continuing outperformance of funds relative to their benchmarks and peers.’  

The full press release in English & Arabic can be downloaded here .