London and Dubai, 27 April 2016: Rasmala plc (‘Rasmala’ or ‘the Group’), the independent investment management group, today announced its financial results for the year ended 31 December 2015. The Group is listed on the AIM market of the London Stock Exchange.
Key financial highlights for the period ended 31 December 2015 were as follows:
Key business and operational highlights for the period included:
Other corporate developments:
Zak Hydari, Chief Executive of Rasmala commented: “We are pleased to report a third consecutive year of profit in 2015. Despite the considerable macroeconomic volatility, we saw another year marked by strong performance of our flagship funds, the launch of new fund offerings and the expansion of our real estate capabilities and team. We also unified our Group under one name, Rasmala. We now operate under one brand and one vision across all our markets.”
“We expect the market volatility to remain during 2016, however, we are confident that the robust foundations we have put in place across our Group will allow us to continue to grow our business into both new markets and new product lines,’ he added.
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Established in 1999, Rasmala is a London-headquartered independent investment manager. Rasmala provides asset management and asset-backed financing solutions to pension funds, family offices, corporates and financial institutions. The Rasmala team is highly experienced with in-depth market knowledge and a strong track record of investment performance. Rasmala is listed on the AIM market of the London Stock Exchange and regulated by the UK Financial Conduct Authority. Rasmala operates regulated subsidiaries in the UAE, Oman and Egypt.