{"id":562275,"date":"2021-05-18T04:24:44","date_gmt":"2021-05-18T04:24:44","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/18\/azimut-egypt-is-rolling-out-a-new-equity-fund\/"},"modified":"2021-05-18T04:24:44","modified_gmt":"2021-05-18T04:24:44","slug":"azimut-egypt-is-rolling-out-a-new-equity-fund","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/18\/azimut-egypt-is-rolling-out-a-new-equity-fund\/","title":{"rendered":"Azimut Egypt is rolling out a new equity fund"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <strong>Retail investors can subscribe to Azimut Egypt Asset Management\u2019s new equity fund as<\/strong><strong> of this coming Sunday, 23 May<\/strong>, <a href=\"https:\/\/bit.ly\/3bxisMb\">Hapi Journal<\/a> 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 to the lack of liquidity in the market and weak inflows of fresh investments, said Azimut Egypt MD Ahmed Abou El Saad.<\/p>\n<p><strong>This is the first of two new funds Azimut Egypt plans to launch this year<\/strong>, with Abou El Saad <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c8e13ab8-9f38-4391-a454-6cb4da14dd6e\">saying last month<\/a> that the local arm of the Italian asset manager had obtained all necessary approvals for the funds. Abou El Saad had suggested the first of the two funds would go live last month and the second would be launched after Ramadan. Azimut <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/fe072652-5ad5-462d-bb37-84613eeac6ba\">launched last year<\/a> its first Egypt-focused equity fund, <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/fe072652-5ad5-462d-bb37-84613eeac6ba\">AZ Equity-Egypt<\/a>, and a fixed income fund, <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/29ab1526-8196-466e-be63-95d501bf3efa\">AZ-Savings<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 to the lack of liquidity [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[7272],"tags":[3305,72,164,125],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-562275","post","type-post","status-publish","format-standard","hentry","category-investment-watch","tag-azimut-egypt-asset-management","tag-enterpriseam","tag-equities","tag-investment-watch","wpautop","entry"],"acf":{"mongo_id":"61a2b6d1-3c91-43d1-9c25-7b18867213af","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[562267],"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>Azimut Egypt is rolling out a new equity fund - 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\/05\/18\/azimut-egypt-is-rolling-out-a-new-equity-fund\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Azimut Egypt is rolling out a new equity fund\" \/>\n<meta property=\"og:description\" content=\"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 to the lack of liquidity [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/18\/azimut-egypt-is-rolling-out-a-new-equity-fund\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-18T04:24:44+00:00\" \/>\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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/18\/azimut-egypt-is-rolling-out-a-new-equity-fund\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/18\/azimut-egypt-is-rolling-out-a-new-equity-fund\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Azimut Egypt is rolling out a new equity fund\",\"datePublished\":\"2021-05-18T04:24:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/18\/azimut-egypt-is-rolling-out-a-new-equity-fund\/\"},\"wordCount\":160,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Azimut Egypt Asset Management\",\"EnterpriseAM\",\"equities\",\"investment watch\"],\"articleSection\":[\"Investment Watch\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/18\/azimut-egypt-is-rolling-out-a-new-equity-fund\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/18\/azimut-egypt-is-rolling-out-a-new-equity-fund\/\",\"name\":\"Azimut Egypt is rolling out a new equity fund - 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Azimut is looking to secure EGP 250 mn in AUM \u201cwithin the coming period,\u201d according to a statement picked up by the newspaper. 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The Italy-based asset manager has obtained all necessary approvals\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":563410,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/30\/azimuts-third-egypt-focused-fund-raises-egp-71-mn-in-initial-subscription\/","url_meta":{"origin":562275,"position":2},"title":"Azimut\u2019s third Egypt-focused fund raises EGP 71 mn in initial subscription","author":"enterpriseam admin","date":"30 June 2021","format":false,"excerpt":"Azimut\u2019s new Egypt-focused equity fund \u200bAZ-Opp has raised AUM of EGP 71 mn in its initial subscription period, with Azimut Group Managing Director Ahmed Abou El Saad telling Al Mal that more that the fund met substantial appetite from some 500 investors. 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The USD 10 mn fund will be launched in Luxemburg and will focus on\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\/562275","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=562275"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/562275\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/562267"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=562275"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=562275"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=562275"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=562275"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=562275"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}