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Stellar performance across all asset classes
Cairo, Egypt
CI Capital, the leading diversified financial services group, has been awarded “Egypt Asset Manager of the Year” in the recently announced Global Investor MENA awards ceremony held in Dubai, UAE. Global Investor MENA awards ceremony is one of the largest gatherings of fund managers in the region. The award, won for the 8th year consecutively, is a testament of the firm’s leading position as one of the best asset managers in Egypt.
“We were able to build a strong success formula that allowed us to sustain our outperformance across our diversified mandates in different market conditions.” said Amr Abol Enein, CI Capital’s Head of Asset Management
CI Capital Asset Management team is one of Egypt’s largest asset managers, with current AUMs in excess of c.EGP 7.4 billion as of 3Q2017. The team manages the widest fund range by type in the Egyptian market, through its diverse product offering, which includes fixed income funds, money market funds, equity funds and tailored discretionary portfolios on behalf of its top institutional clients. The team has constantly outperformed its peers in terms of returns and ranking.
On the equity side, Istethmar, CIB Equity Fund, ranked #1 achieving a growth rate of returns 26.50% compared to EGX30’s 12.17% YTD - till November 16th, 2017. As for “El Thabet”, Banque du Caire’s Fixed Income Fund ranked #1 with simple returns mounting to 13.31% YTD on the fixed income side - till November 16th, 2017.
Abol Enein added “Our world class team of professionals continue to pioneer in terms of industry leading performance & product innovation where we launched Egypt's first one-year open-ended capital protected fund and first Shari'ah-compliant money market fund.” He also added that “we intend to continue growing our assets under management focusing on creative product offerings and consistent outperformance.”
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About CI Capital
CI Capital Holding (CI Capital) is a leading diversified financial services group. Through its headquarters in Cairo and offices in New York and Dubai, CI Capital offers a wide range of financial services to a diversified client base that includes individual, high-net-worth and institutional investors, as well as corporate clients. CI Capital offers its services across five core business lines: investment banking, securities brokerage, research, asset management, and financial leasing through its subsidiary Corplease, the market leader in the Egyptian leasing market.
CI Capital has been recognised as the “Best Investment Bank in Egypt” by EMEA Finance for four years running from 2013-2016, as well as Global Finance in 2014 and 2015.
For further information, please contact:
Marketing & PR department
media@cicapital.com.eg
Nivine Nosshy
Head of Marketing & PR
nivine.nosshy@cicapital.com.eg
