Oasis Global Funds retain AA rating from Standard & Poor's
18 September 2007 | People and Companies | News | Oasis Group Holdings (Oasis)
Oasis Group Holdings (Oasis) announced today that both its global equity funds retained their coveted "AA" rating from Standard & Poor's Fund Management Ratings. These ratings reflect the consistently good returns that the Shari'ah compliant Crescent Global Equity Fund and the conventional Oasis Global Equity Fund have produced since their inception in 2000."We have high regard for Oasis's CEO Adam Ebrahim and are encouraged by the process and team structure he has built at Oasis, reads the August Standard & Poor's report.
Feeder funds that invest in these global funds have been registered in Malaysia and in South Africa, and the company expects to release additional feeder funds in other regions in due course.
This global expansion has been facilitated by the markets recognition that Oasis is a manager that provides investors with superior levels of performance. The Crescent Global Equity Fund and Oasis Global Equity Fund have provided cumulative returns over five years of 121% and 127.5% respectively, compared to 75.5% sector median return.
