Cairo:
CI Capital Asset Management won 6 new prestigious Lipper Fund Awards by Refinitiv – formerly the Financial and Risk business of Thomson Reuters. Lipper Fund Awards, which have recognized funds and fund management firms for their consistently strong risk-adjusted three-, five-, and ten-year performance relative to their peers, presented CI Capital Asset Management with the following awards:
In the MENA Market Funds and MENA Market Domestic Funds Categories,
CIB Equity Fund “Estithmar” under the management of CI Capital Asset Management won 4 prestigious Lipper Fund Awards
“The Best Equity Fund for its 3 and 5 Years Cumulative Performance in the MENA Region - 2019”,
and also “The Best Equity Fund for its 3 and 5 Years Cumulative Performance in Egypt - 2019”
In the Global Islamic Funds Category,
Arab Investment Fund Sharia Complaint Equity Fund “Helal – Egypt” under the management of CI Capital Asset Management won 2 prestigious Lipper Fund Awards
“The Best Equity Fund for its 3 Years Cumulative Performance in 2019”
“The Best Equity Fund for its 5 Years Cumulative Performance in 2019”
This highly regarded awards and international recognitions of CI Capital Asset Management reflect the consistency of strong outperformance of CI Capital Asset Management’s managed equity funds. These awards also came as a continuation of the prestigious awards from local and international organizations won by CI Capital Asset Management in previous years.
Amr Abol Enein, Managing Director and Head of CI Capital Asset Management, commented: “We are very delighted to have our story being continuously and widely recognized on both local and international fronts. The esteemed Lipper Fund awards we received recognize our superior consistent equity funds’ outperformance relative to its peers in both absolute and risk-adjusted bases over the past 3 and 5 years’ horizons and reaffirms our continuous success in delivering the real & continued value-add to our clients and business partners”.
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