Pharos Fund I climbs 11 spots on EIMA’s weekly rankings

Pharos Fund I climbs 11 spots on EIMA’s weekly rankings: Our friends at Pharos Holding announced yesterday that their open-ended equity fund Pharos Fund I has climbed 11 spots on the Egyptian Investment Management Association’s (EIMA) weekly rankings, placing it “amongst the top 15 equity funds in terms of y‐t‐d performance.” The improvement in the fund’s performance came amid a change of management at the AM division, Pharos COO Angus Blair said a press release (pdf). Meanwhile, Pharos Fund maintained its position at the lead of the EIMA’s monthly rankings for both August and September.