Takaud reports returns of up to 11.60 per cent

Manama : Takaud, a specialist provider of savings, investment and pension solutions for the MENA region, announced yesterday that its nine investment strategies saw up to double-digit growth in 2016. 

The company also said that among its nine strategies, three Global Strategies produced the highest returns this year with net cumulative annual returns of 11.58 per cent in Global Growth Strategy, 10.50pc in Global Balanced Strategy and 7.89pc in Global Cautious Strategy. 

These returns, according to Takaud, are comparable to the 11.90pc and the 9.39pc that Morningstar, an independent research provider, reports posted by the S&P 500 and the MSCI World Index. Takaud’s Regional and Sharia-Compliant investment strategies saw returns of up to 5.71pc. 

“We are confident that these investment strategies will continue to produce good returns for our customers next year and beyond,” said Luc Métivier, Takaud’s CEO. 

“When people are saving for the long-term well-being of their families it is essential to have investments that beat inflation over time. That’s the key feature differentiating Takaud from other savings accounts,” added Luc Métivier. 

Johannes van der Dong, Takaud’s Chief Investment Officer said, “Our strong commitment to diversification coupled with constant monitoring and fine tuning where necessary has made the most of market conditions.” 

Takaud offers, directly or through financial partners, savings plans for individuals and employee savings plans for corporations and SMEs. It operates an open-architecture investment platform with wide options, catering both to the needs of individuals requiring wealth management services and to institutions seeking placement solutions.