Subsidiary of the BCP group through its Upline Group investment bank, Upline Capital Management (UCM), a third-party asset management company, was recently awarded the prestigious Thomson Reuters Lipper awards.
It is indeed two UCM funds that have been awarded in the following three categories:
-FCP AL BADIL CHAABI ASHOUM: best fund over 3 years and best fund over 5 years, category “Equity Morocco”;
-FCP KENZ YIELD: best fund over 3 years, category “Mixed Asset Mad Balanced” (or diversified funds).
These awards attest to the performance of UCM’s management teams, decision-making processes and governance.
For more than three decades, the Thomson Reuters Lipper Awards have recognized funds and fund managers that have excelled in risk-adjusted returns.
It should be noted, moreover, that the double rating ‘Af / S + 1’, awarded last year by the Standard and Poor’s Global agency to UCM’s “Upline Treasury” fund, was renewed in June 2018 .
With nearly 63 billion MAD assets under management at the end of June 2018, UCM is one of the largest management companies in the region.