Arendt & Medernach recognised as "Best advisory firm - UCITS" in the MENA Region

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Dubai/Luxembourg, 9 February 2016 – 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.

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.

Bishr Shiblaq, Head of the Dubai office quotes "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 trend reflects 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.

"During the last five years several UCITS funds have been created in the MENA Region, this award is our reward for the continued support we provide to our clients. Indeed, being the only Luxembourg law firm with a team based in Dubai allows us to stay close to our clients and is a guarantee for them to benefit from excellent services on UCITS and AIFMD funds as well as on all regulated and non-regulated structures set under Luxembourg law" says Emmanuelle Entringer, Counsel Investment Management, Dubai Office.

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Sophie Cuny
Arendt & Medernach
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sophie.cuny@arendt.com

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