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| ASSET MANAGEMENT |
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Local and GCC Department:
The Department is responsible for managing proprietary and client portfolios of quoted and unquoted securities, real estate and funds in Kuwait, GCC and the MENA region. The Department has also established its own GCC-focused fund products to market in Kuwait.
Noor closely monitors economic and financial developments in Kuwait and GCC in order to actively execute local investment strategies and enhance performance. The Department is comprised of a number of experienced local portfolio and fund managers. The Local Investment Department actively supports the Kuwaiti economy by creating investment funds and investing in companies to promote local business.
Asset Management department is comprised of:
- Client portfolios unit.
- Managed funds unit.
- Derivatives unit.
- E-trading unit.
1. Client Portfolios unit:
Client portfolios are designed to distribute capital across a diversified portfolio in order to optimize returns at an acceptable risk profile for the client. Capital is invested in the various sectors in a manner designed to create stability and minimize risks.
Currently Noor Financial Investment Company offers four types of client portfolios:
- Discretionary portfolios
- Non-discretionary portfolios
- Safe custody portfolios.
- Leveraged portfolios
2. Managed Funds unit:
Recently Noor Investment Company has launched two managed funds:
- Noor Local and GCC Equity.
- Noor GCC Islamic.
Noor Local and GCC Fund
The Fund aims at realizing long term capital gains and developing incomes by mainly investing in shares of companies listed or to be listed in the Kuwait Stock Exchange as well as other GCC equities. In addition to investing in equities, the fund may also invest in money market tools while abiding by the restrictions mentioned in the articles of the association of the fund.
Noor GCC Islamic Fund.
The Fund aims at realizing long term capital benefits and developing incomes by mainly investing in shares of companies listed or to be listed in the Kuwait Stock Exchange as well as other GCC markets , as well as investing in different short to medium term investments instruments. All funds investments shall be in compliance with the Sharia rules and regulations set forth by the Sharia board while abiding by the restrictions related to the investment and mentioned in the present Article of Association.
Fund advantages:
- Monthly liquidity
- Investing in promising markets
- Active strategies
- Long term returns
3. Derivatives unit:
In December 2006, Noor Financial Investment Company began offering a form of “futures trading.” Noor operates as a market maker in the Kuwait Stock Exchange. Futures trading is a contract between the market maker and the investor that gives the investor the right to purchase a specified number of shares of a company listed in the stock market for a specific price. The market maker pays 60% of the purchase amount, with an interest rate of 3.25% per quarter and a deferred maturity date that ranges from three months up to a full calendar year, and the buyer has full rights of ownership.
In a short period (December 2006 - December 2007), Noor Financial Investment Company has become a leader among market makers with respect to total trading value.
4. E-trading:
As a local innovative in global & local multi-asset class e-Trading, Noor Capital Markets "Noor CM" provides the experience, expertise and resources necessary to deliver seamless execution across all asset classes — including Regional & Local Stock Exchanges (Kuwait Stock Exchange, Saudi Stock Exchange, Dubai Financial Markets, Abu Dhabi Exchange, Qatar Exchange, & Egypt Exchange) as well as the derivatives Markets (FOREX, Commodities / oil, Metals / gold, CFDs & OTC futures).
We have facilitated not only secure & direct market access to various financial instruments but also a reliable movement among multiple markets within a blink of an eye, using our state of the art trading platforms, Noor Web-Trader & Noor Meta Trader four "MT4".
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Noor Subsidiaries |
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Noor Funds |
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