Acumen Asset Management plans to establish two new funds in the coming period with collective capital of EGP 200 mn, Product Development head May El Haggar tells Al Mal. The first will be a EGP 100 mn cash fund and the second a EGP 100 mn capital guarantee fund, according to El Haggar. He said that talks were ongoing with an insurance and investment company over a potential partnerships to launch the funds, but did not name the companies.

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