Stellar performance across all asset classes
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.”
