MENA Asset Management Survey 2012 - National Bank of Abu Dhabi
MENA Asset Management Survey 2012 - National Bank of Abu Dhabi
MENA Asset Management Survey 2012 - National Bank of Abu Dhabi
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Egypt<br />
Top 10 Egypt Domiciled Funds by <strong>Asset</strong>s<br />
(millions <strong>of</strong> U.S. dollars, June <strong>2012</strong>)<br />
Rank Fund Name Type Sponsor AuM<br />
Beltone Banque Misr Money Market<br />
1 EGP<br />
Money Market Beltone Fund Mgmt 2,799<br />
2 Al Ahly <strong>National</strong> <strong>Bank</strong> <strong>of</strong> Egypt IV Money Market Nat’l <strong>Bank</strong> <strong>of</strong> Egypt 1,292<br />
3 CIB Money Market Fund (Osoul) Money Market Commercial Intl AM 1,149<br />
4 EFG <strong>National</strong> SocGen <strong>Bank</strong> Themar Money Market <strong>National</strong> Societe 969<br />
5 HSBC Egypt <strong>Bank</strong> MM - Kol Youm Money Market Beltone Fund Mgmt 566<br />
Beltone Banque Misr Money Market<br />
6 USD<br />
Money Market Beltone Fund Mgmt 564<br />
7 EFG <strong>Bank</strong> <strong>of</strong> Alexandria II Cum. Ret Money Market <strong>Bank</strong> <strong>of</strong> Alexandria 367<br />
8 Beltone Banque du Caire II Money Market Beltone Fund Mgmt. 269<br />
9 Beltone Banque Misr MM Euro Money Market Beltone Fund Mgmt. 230<br />
AAIB Arab African Money Market -<br />
Arab African Inv.<br />
Money Market<br />
10 Juman<br />
Mgmt<br />
220<br />
Source: Lipper Rankings, Lipper, a Thomson Reuters company<br />
Equity Funds<br />
In <strong>2012</strong>H1, Egypt domiciled equity fund assets under management increased by<br />
17%. Equity funds witnessed net inflows <strong>of</strong> US$ 53 million. In 2011, locally domiciled<br />
equity fund assets under management declined by 41%. Equity funds witnessed net<br />
outflows <strong>of</strong> US$ 218 million.<br />
Top 10 Egypt Equity Funds by <strong>Asset</strong>s<br />
(millions <strong>of</strong> U.S. dollars, June <strong>2012</strong>)<br />
Rank Fund Name Type Sponsor AuM<br />
1 AAIB Arab African Int. <strong>Bank</strong> Shield Equity Arab African Inv. 45<br />
2<br />
EFG Faisal Islamic Egyptian <strong>Bank</strong><br />
Periodic Return<br />
Equity Faisal Islamic <strong>Bank</strong> 25<br />
3 CIB II Equity (Istethmar) Equity Commercial Intl AM 23<br />
4 HC Banque Misr IV Shari'ah Equity Banque Misr SAE 19<br />
5 EFG Banque du Caire I (Cum.) Equity Banque du Caire 19<br />
6<br />
EFG <strong>Bank</strong> <strong>of</strong> Alexandria I Regular Rtn &<br />
Cap Growth<br />
Equity Hermes Fund Mgmt 16<br />
7 HC Banque Misr III Growth & Inc. Equity Banque Misr SAE 13<br />
8 Banque Misr II - Capital Growth Equity Banque Misr SAE 13<br />
9 Prime Sanabel Equity Equity Societe Arabe 12<br />
10 EFG Baraka <strong>Bank</strong> Egypt Equity ESFB EJSC 12<br />
Source: Lipper Rankings, Lipper, a Thomson Reuters company<br />
246
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