{"id":560316,"date":"2021-02-23T04:28:46","date_gmt":"2021-02-23T04:28:46","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/traders-can-now-invest-in-azimut-mutual-fund-via-thndr\/"},"modified":"2021-02-23T04:28:46","modified_gmt":"2021-02-23T04:28:46","slug":"traders-can-now-invest-in-azimut-mutual-fund-via-thndr","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/traders-can-now-invest-in-azimut-mutual-fund-via-thndr\/","title":{"rendered":"Traders can now invest in Azimut mutual fund via Thndr"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>Egypt\u2019s answer to Robin Hood just rolled out a mutual fund on its platform:<\/strong> Users of zero-commission stock trading app Thndr can now invest in Azimut Egypt\u2019s <a href=\"https:\/\/ent.news\/2021\/2\/AZ-Savings-fund-prospectus.pdf\">AZ-Savings mutual fund (pdf)<\/a>, Thndr said in <a href=\"https:\/\/ent.news\/2021\/2\/Thndr-Feb-22-_-Press-Release-_-Mutual-Funds-EN.pdf\">a press release (<\/a><a href=\"https:\/\/ent.news\/2021\/2\/Thndr-Feb-22-_-Press-Release-_-Mutual-Funds-EN.pdf\">pdf<\/a><a href=\"https:\/\/ent.news\/2021\/2\/Thndr-Feb-22-_-Press-Release-_-Mutual-Funds-EN.pdf\">)<\/a> yesterday. This is the first fund Thndr has offered on its platform since it launched last year, and will allow retail traders to invest in a variety of fixed-income instruments. Investors can buy into the fund daily and take their returns weekly, the company said.<\/p>\n<p><strong>About the fund:<\/strong> AZ-Savings \u2014 <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/29ab1526-8196-466e-be63-95d501bf3efa\">launched by the European asset manager in October<\/a> \u2014 has so far seen EGP 650 mn of inflows, said Azimut Egypt MD Ahmed Abou El Saad. It is a fixed-income vehicle, focusing on low-risk and mostly short-term instruments such as treasury bills, corporate bonds and sukuk, as well as longer-term bonds.<\/p>\n<p><strong>About Thndr:<\/strong> Thndr became the first company to be <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7ed52300-b59e-469a-8c92-06e0a52ced58\">awarded a brokerage license since 2008<\/a> when <a href=\"https:\/\/thndrapp.blog\/2020\/09\/30\/a-message-from-our-co-founder-hammouda\/\">it launched<\/a> last year. The app offers three zero-commission plans, including one unpaid scheme and two plans priced at EGP 15 and EGP 55 per month. The company has received an undisclosed amount of pre-seed funding from Y-Combinator, 4DX Ventures, Endure Capital, the Raba Partnership, and MSA Capital.<\/p>\n<p><strong>ALSO FROM PLANET STARTUP-<\/strong><\/p>\n<p><strong>Pre-seed and seed stage startups in Egypt are eligible for a USD 100k investment from a<\/strong><strong> MENA fund set up by 500 Startups and Saudi\u2019s Sanabil Investments<\/strong>, according to <a href=\"https:\/\/www.businesswire.com\/news\/home\/20210222005264\/en\/500-Startups-Announces-Partnership-with-Sanabil-Investments#.YDNzKX4E5po.linkedin\">Business Wire<\/a>. 500 Startups is a Silicon Valley-based global VC fund and Sanabil Investments is a Riyadh-based investment fund owned by Saudi\u2019s sovereign wealth fund. The Sanabil 500 MENA Seed Accelerator Fund will invest in startups chosen to participate in their accelerator program, in addition to investing \u201copportunistically in other pre-seed and seed stage startups throughout MENA,\u201d with an eye to invest in a total of 100 startups. Applications for the accelerator opened <a href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&url=https%3A%2F%2Fecosystems.500.co%2Fsanabil500accelerator&esheet=52382444&newsitemid=20210222005264&lan=en-US&anchor=https%3A%2F%2Fecosystems.500.co%2Fsanabil500accelerator&index=1&md5=7428c7732591299738cb0005e5df7486\">yesterday<\/a>, with business owners from across the MENA region eligible to apply.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt\u2019s answer to Robin Hood just rolled out a mutual fund on its platform: Users of zero-commission stock trading app Thndr can now invest in Azimut Egypt\u2019s AZ-Savings mutual fund (pdf), Thndr said in a press release (pdf) yesterday. This is the first fund Thndr has offered on its platform since it launched last year, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":560317,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7258],"tags":[541,3305,72,164,95,888],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-560316","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startup-watch","tag-asset-management","tag-azimut-egypt-asset-management","tag-enterpriseam","tag-equities","tag-startup-watch","tag-thndr","wpautop","entry"],"acf":{"mongo_id":"042a8d1a-1bc4-49e9-b038-f0cdb0cb58ce","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/2\/336.jpg","photo_position":"above","related_issue":[560303],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Traders can now invest in Azimut mutual fund via Thndr - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/traders-can-now-invest-in-azimut-mutual-fund-via-thndr\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Traders can now invest in Azimut mutual fund via Thndr\" \/>\n<meta property=\"og:description\" content=\"Egypt\u2019s answer to Robin Hood just rolled out a mutual fund on its platform: Users of zero-commission stock trading app Thndr can now invest in Azimut Egypt\u2019s AZ-Savings mutual fund (pdf), Thndr said in a press release (pdf) yesterday. This is the first fund Thndr has offered on its platform since it launched last year, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/traders-can-now-invest-in-azimut-mutual-fund-via-thndr\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-23T04:28:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/336.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/traders-can-now-invest-in-azimut-mutual-fund-via-thndr\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/traders-can-now-invest-in-azimut-mutual-fund-via-thndr\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Traders can now invest in Azimut mutual fund via Thndr\",\"datePublished\":\"2021-02-23T04:28:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/traders-can-now-invest-in-azimut-mutual-fund-via-thndr\/\"},\"wordCount\":325,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/traders-can-now-invest-in-azimut-mutual-fund-via-thndr\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/336.jpg?fit=%2C&ssl=1\",\"keywords\":[\"asset management\",\"Azimut Egypt Asset Management\",\"EnterpriseAM\",\"equities\",\"Startup watch\",\"Thndr\"],\"articleSection\":[\"Startup watch\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/traders-can-now-invest-in-azimut-mutual-fund-via-thndr\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/traders-can-now-invest-in-azimut-mutual-fund-via-thndr\/\",\"name\":\"Traders can now invest in Azimut mutual fund via Thndr - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/traders-can-now-invest-in-azimut-mutual-fund-via-thndr\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/traders-can-now-invest-in-azimut-mutual-fund-via-thndr\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/336.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2021-02-23T04:28:46+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/traders-can-now-invest-in-azimut-mutual-fund-via-thndr\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/traders-can-now-invest-in-azimut-mutual-fund-via-thndr\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/traders-can-now-invest-in-azimut-mutual-fund-via-thndr\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/336.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/336.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/traders-can-now-invest-in-azimut-mutual-fund-via-thndr\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Traders can now invest in Azimut mutual fund via Thndr\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Traders can now invest in Azimut mutual fund via Thndr - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/traders-can-now-invest-in-azimut-mutual-fund-via-thndr\/","og_locale":"en_US","og_type":"article","og_title":"Traders can now invest in Azimut mutual fund via Thndr","og_description":"Egypt\u2019s answer to Robin Hood just rolled out a mutual fund on its platform: Users of zero-commission stock trading app Thndr can now invest in Azimut Egypt\u2019s AZ-Savings mutual fund (pdf), Thndr said in a press release (pdf) yesterday. This is the first fund Thndr has offered on its platform since it launched last year, [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/traders-can-now-invest-in-azimut-mutual-fund-via-thndr\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2021-02-23T04:28:46+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/336.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/traders-can-now-invest-in-azimut-mutual-fund-via-thndr\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/traders-can-now-invest-in-azimut-mutual-fund-via-thndr\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Traders can now invest in Azimut mutual fund via Thndr","datePublished":"2021-02-23T04:28:46+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/traders-can-now-invest-in-azimut-mutual-fund-via-thndr\/"},"wordCount":325,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/traders-can-now-invest-in-azimut-mutual-fund-via-thndr\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/336.jpg?fit=%2C&ssl=1","keywords":["asset management","Azimut Egypt Asset Management","EnterpriseAM","equities","Startup watch","Thndr"],"articleSection":["Startup watch"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/traders-can-now-invest-in-azimut-mutual-fund-via-thndr\/","url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/traders-can-now-invest-in-azimut-mutual-fund-via-thndr\/","name":"Traders can now invest in Azimut mutual fund via Thndr - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/traders-can-now-invest-in-azimut-mutual-fund-via-thndr\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/traders-can-now-invest-in-azimut-mutual-fund-via-thndr\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/336.jpg?fit=%2C&ssl=1","datePublished":"2021-02-23T04:28:46+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/traders-can-now-invest-in-azimut-mutual-fund-via-thndr\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/traders-can-now-invest-in-azimut-mutual-fund-via-thndr\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/traders-can-now-invest-in-azimut-mutual-fund-via-thndr\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/336.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/336.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/traders-can-now-invest-in-azimut-mutual-fund-via-thndr\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Traders can now invest in Azimut mutual fund via Thndr"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/336.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/336.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/336.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":566872,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/26\/online-trader-thndr-to-add-funds-eyes-margin-trading\/","url_meta":{"origin":560316,"position":0},"title":"Online trader Thndr to add funds, eyes margin trading","author":"enterpriseam admin","date":"26 July 2021","format":false,"excerpt":"Zero-commission trading app Thndr is looking to add new investment funds to its platform before the end of the year after having recently obtained a license to allow investors to subscribe to funds through its platform, co-founder Ahmad Hammouda told us. The app is looking to roll out a number\u2026","rel":"","context":"In &quot;SPEED ROUND: CAPITAL MARKETS&quot;","block_context":{"text":"SPEED ROUND: CAPITAL MARKETS","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-capital-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":575788,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/27\/azimuts-inaugural-egypt-bond-fund-sees-huge-investor-demand\/","url_meta":{"origin":560316,"position":1},"title":"Azimut\u2019s inaugural Egypt bond fund sees huge investor demand","author":"enterpriseam admin","date":"27 October 2020","format":false,"excerpt":"INVESTMENT WATCH- Azimut\u2019s inaugural Egypt bond fund sees huge investor demand: Azimut\u2019s new Egypt-focused fixed-income fund AZ-Savings was 6x oversubscribed in the nine-day private placement that ended on 21 October, Al Mal reports, citing a company statement. The Italy-based asset manager secured EGP 295.3 mn from over 100 investors, prompting\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":575124,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/04\/azimut-to-open-subscription-for-new-egypt-bond-fund-az-savings\/","url_meta":{"origin":560316,"position":2},"title":"Azimut to open subscription for new Egypt bond fund, AZ-Savings","author":"enterpriseam admin","date":"4 October 2020","format":false,"excerpt":"INVESTMENT WATCH- Investors can subscribe to Italy-headquartered asset manager Azimut\u2019s new Egypt-focused fixed income fund AZ-Savings as of next Sunday, 11 October, Azimut Managing Director Ahmed Aboul Saad said, according to the local press. Azimut tapped state-owned Banque du Caire and Ahli United Bank Kuwait to sell the investment certificates\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":543637,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/10\/thndr-lands-usd-20-mn-series-a-investment\/","url_meta":{"origin":560316,"position":3},"title":"Thndr lands USD 20 mn series A investment","author":"enterpriseam admin","date":"10 February 2022","format":false,"excerpt":"Stock trading app Thndr has closed a USD 20 mn series A round, the company announced in a statement (pdf) yesterday. The round was co-led by Tiger Global, BECO Capital and Prosus Ventures, and featured additional participation from Base Capital, firstminute, and existing investors Endure Capital, 4DX Ventures, Raba Partnership\u2026","rel":"","context":"In &quot;Startup watch&quot;","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/2\/142.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":562275,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/18\/azimut-egypt-is-rolling-out-a-new-equity-fund\/","url_meta":{"origin":560316,"position":4},"title":"Azimut Egypt is rolling out a new equity fund","author":"enterpriseam admin","date":"18 May 2021","format":false,"excerpt":"Retail investors can subscribe to Azimut Egypt Asset Management\u2019s new equity fund as of this coming Sunday, 23 May, Hapi Journal reports. Azimut is looking to secure EGP 250 mn in AUM \u201cwithin the coming period,\u201d according to a statement picked up by the newspaper. Egyptian equities are undervalued due\u2026","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":572652,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/05\/italian-asset-manager-azimut-launches-egypt-focused-equity-fund\/","url_meta":{"origin":560316,"position":5},"title":"Italian asset manager Azimut launches Egypt-focused equity fund","author":"enterpriseam admin","date":"5 July 2020","format":false,"excerpt":"Azimut launches its Egypt-focused equity fund: Italy-based asset manager Azimut has launched AZ Equity-Egypt, a fund that will invest in Egyptian equities headquartered in Luxembourg, according to a press release. Managing Director Ahmed Aboul Saad said last year that the fund would launch with USD 10 mn in capital. AZ\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/560316","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=560316"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/560316\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/560303"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/560317"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=560316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=560316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=560316"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=560316"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=560316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}