Arabesque Partners appoints new Mideast head
DUBAI, October 8, 2015
Arabesque Partners, a leading global asset management firm, has appointed Bahraini banking professional Rehan Noor Pathan to its partnership as new head of Middle East.
The firm was institutionally developed in 2011 by Barclays Bank, before its senior management bought out all rights and intellectual property and established Arabesque independently in 2013, said a statement.
The name ‘Arabesque’ describes geometric art built with mathematical equations. The firm uses patterns to organise an investment universe of global stocks into a combination that delivers a superior risk-return profile using fundamental, quantitative, forensic, financial and non-financial data, it said.
Since its inception in August 2014, Arabesque’s flagship Systematic Fund has outperformed the MSCI ACWI by +9.39 per cent and ranks in the top five per cent of its conventional peer group according to Morningstar analysis.
Pathan, who founded the independent specialist sales firm Takseem in 2011, will be responsible for the expansion of Arabesque’s presence across the Middle East.
Prior to Takseem, which has been acquired by Arabesque Partners and where he will continue to serve as chairman, Pathan started his 20-year career with ABN AMRO Bank and has held senior positions at Deutsche Bank and NCB Capital.
Omar Selim, founder and chief executive officer, said: "Arabesque combines leading investment technology in harmony with Islamic values. We are delighted with the appointment of Rehan to head up our operation in the Middle East.
"His many years of experience and specialisation in finance and asset management are vital for Arabesque Partners to service this vibrant region.” - TradeArabia News Service
