Abol-Enein told Daily News Egypt that the company aims to launch new funds during the next year, following the investment fund “Misr Equity” that tracks equities with cumulative return that was launched earlier this year.
Company plans to launch 3 investment funds next year: Abol-Enein
The volume of assets under management at the end of last year amounted to EGP 15bn
Amr Aboul-Enein, the company’s Managing Director, said that CIAM has taken steps in the direction of establishing a cash fund affiliated with CI Capital with an initial size of EGP 100m to be ready for subscription before the end of the second quarter (2Q) of this year.
We intend to bring our electronic expertise to funds we manage, similar to Suez Canal Bank fund, says Aboul Enien
Egyptian economy in 2017 will reflect a better overall picture, says Abol-Enein
