Adam Broom, CEO of CPI Financial, presented the award for Best New Investment Product for 2013 to Saudi Fransi Capital (SFC) during a recent visit.

Yaser bin Othman Al-Rumayyan, managing director of SFC, received the award.

Broom said: “More than 14,600 voters selected the winners of the Banker Middle East Product Awards. Saudi Fransi Capital surpassed all competitors to win the award. Saudi Fransi Emerging Markets Fixed Income Fund has achieved this honor.”

The CEO added: “With an ever expanding suite of investment options, it is clear Saudi Fransi Capital is well respected by clients and peers alike and I expect more innovative and successful products from the team.”

Al-Rumayyan said: “We are proud of our achievements in the investment and asset management services, and we will continue working to develop for the best and realize the aspirations of our clients.

Winning this award symbolizes the advanced quality of new investment products we offer.”

Al-Rumayyan thanked the CEO of CPI Financial and expressed gratitude to SFC clients and the work team for the SFC’s achievements.

They include winning this prestigious award taking it as a motivation for additional development and accomplishments in the future.