NCB Capital, a leader in wealth management services in the GCC and Saudi Arabia’s largest asset manager, has been voted the Middle East’s number one provider of equity research for five sectors by Euromoney.

This is an increase from ranking at number one in three sectors in Euromoney’s 2012 poll of investors. Additionally, it was ranked number one for economic research and second in the other headline category of market strategy.

The firm was named best research house in five specific sectors:

• Construction/Cement

• Consumer Goods/Retail

• Food & Agriculture

• Oil/Gas/Chemicals/Petrochemicals

• Property/Real estate

It also ranked in the top three in the other four sectors that the team covers. Overall the firm ranked second, for the third year running.

Tariq Linjawi, acting CEO of NCB Capital, said, “We are immensely proud to have received such a strong endorsement of the depth of our analysis and insights. We know that these are essential to clients in helping them to make the right investment decisions and they are key components of our role as a trusted advisor.”

The Euromoney annual poll invites global and regional investors – high net worth individuals and institutions - to rate the quality of research covering the Middle Eastern equity markets by nominating the top three firms by sector, bearing in mind overall performance and accuracy.

Now in its seventh year, over 400 investors responded to produce rankings that are seen as a key independent indicator of research effectiveness and quality.

“Our strong team of experienced analysts is the largest in Saudi Arabia and we have worked hard to grow our presence in the most important sectors that underpin the regional economies,” Farouk Miah, a consumer retail/food specialist in NCB Capital’s research team.

“We are delighted that the industry has honoured our achievements in this way and we look forward to continuing to providing our clients with helpful insights.” – TradeArabia News Service