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In response to the news, Howard Leedham, the CEO of Dalma Capital said, “I’m delighted for the Dalma team that they have won this recognition and that our company is contributing to the reputation of the DIFC and the UAE in its growth as a hub for fund management and innovation. At Dalma Capital we do believe that the Dalma Unified Return Fund represents the next generation of hedge funds and the award for innovation and best risk adjusted return does serve to reflect that belief.”
Leedham added: “We were well aware that the award for the Best Fund Managed Platform was closely contested so it really is of great credit to the Dalma team that we edged ahead of the competition in this regard.”
These awards may not be surprising to those who have been watching the development of Dalma Capital, which is regulated by the Dubai Financial Service Authority as an asset manager. During 2014 the company announced a first-of-its-kind Donation Agreement with the Emirates Foundation supporting Emirati Youth Development and, early in 2015, the Company announced that local business tycoon and Deputy Chairman of the Kanoo Group, Mishal Kanoo, had joined Dalma’s Board of Directors.
Leedham commented: “2015 has started as an exceptional year for Dalma and the award-winning Fund has excelled even our own expectations. We of course appreciate that any investment must be taken on its own merits, but it would be difficult for me to be happier with the award winning fund and Dalma’s recent developments. We hope that these awards combined with the quality of our team, our corporate social responsibility and our performance will lead to Dalma Capital Management becoming an integral fund management company in the DIFC and UAE.”
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