Arendt & Medernach recognised as «Best Advisory Firm - Ucits» in the MENA Region. (Photo: Eric Chenal / archives)

Arendt & Medernach recognised as «Best Advisory Firm - Ucits» in the MENA Region. (Photo: Eric Chenal / archives)

For the fourth year in a row, Arendt & Medernach has been named «Best Advisory Firm» at the 2016 MENA Fund Manager Fund Services Awards which was held in Dubai on 26 January 2016. Arendt & Medernach was successively recognized in the category Compliance & Regulation and then three times in the Ucits category.

«These awards reflect Arendt & Medernach’s overall track record, advising a third of all Luxembourg investment funds with managers in Europe, Asia, North America and the MENA region» notices Claude Kremer, head of Investment Management.

Florence Stainier, partner responsible for the MENA Region states «Arendt & Medernach advised the first Luxembourg Ucits’ set-up by UAE initiators and has since grown to become the leading law firm advising MENA-based fund managers on their Luxembourg funds and Ucits. This award is an expression of our clients’ appreciation for the continued support provided to them.»

The MENA Fund Manager Fund Services Awards reward service providers who have shaped the fund industry in the Middle East and North Africa (MENA) and recognise firms which outperformed their peer group in 2015. Organised by the publication MENA Fund Manager, the prize was awarded for the fourth time. The judging panel was made up of experts active in the fund industry.