{"id":562842,"date":"2021-06-08T04:00:13","date_gmt":"2021-06-08T04:00:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/08\/misr-life-ins-money-market-fund-almost-5x-oversubscribed\/"},"modified":"2021-06-08T04:00:13","modified_gmt":"2021-06-08T04:00:13","slug":"misr-life-ins-money-market-fund-almost-5x-oversubscribed","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/08\/misr-life-ins-money-market-fund-almost-5x-oversubscribed\/","title":{"rendered":"Misr Life Ins. money market fund almost 5x oversubscribed"},"content":{"rendered":"<p><strong>A money market fund <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/55181943-c78f-4644-82b2-ac3f8db0c5ba\">recently launched by Misr Life Ins.<\/a><\/strong><strong> was almost 5x oversubscribed <\/strong><strong>at close this week<\/strong>, attracting more EGP 470 mn in inflows, Misr Capital said in <a href=\"https:\/\/ent.news\/2021\/6\/MC-PRL-Misr-Life-Insurance-Closing-AR-v3.pdf\">a statement (pdf)<\/a>. The Misr Life Ins. Investment Fund had a target closing of EGP 100 mn. Managed by Misr Capital, the fund will invest in high-liquidity assets such as treasury bills and short-term corporate debt. Misr Capital is also managing a similar type of fund <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d5aae13a-dcca-4201-b3c3-0f924b42b208\">launched by Sarwa Life Ins<\/a>. earlier this year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A money market fund recently launched by Misr Life Ins. was almost 5x oversubscribed at close this week, attracting more EGP 470 mn in inflows, Misr Capital said in a statement (pdf). The Misr Life Ins. Investment Fund had a target closing of EGP 100 mn. Managed by Misr Capital, the fund will invest in [&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":[7209],"tags":[111,541,576,72,125,86,3115],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-562842","post","type-post","status-publish","format-standard","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-asset-management","tag-banque-misr","tag-enterpriseam","tag-investment-watch","tag-misr-capital","tag-misr-life-insurance","wpautop","entry"],"acf":{"mongo_id":"4183af02-774c-448d-9694-0770d543e337","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[562820],"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>Misr Life Ins. money market fund almost 5x oversubscribed - 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\/06\/08\/misr-life-ins-money-market-fund-almost-5x-oversubscribed\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Misr Life Ins. money market fund almost 5x oversubscribed\" \/>\n<meta property=\"og:description\" content=\"A money market fund recently launched by Misr Life Ins. was almost 5x oversubscribed at close this week, attracting more EGP 470 mn in inflows, Misr Capital said in a statement (pdf). The Misr Life Ins. Investment Fund had a target closing of EGP 100 mn. Managed by Misr Capital, the fund will invest in [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/08\/misr-life-ins-money-market-fund-almost-5x-oversubscribed\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-08T04:00:13+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/08\/misr-life-ins-money-market-fund-almost-5x-oversubscribed\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/08\/misr-life-ins-money-market-fund-almost-5x-oversubscribed\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Misr Life Ins. money market fund almost 5x oversubscribed\",\"datePublished\":\"2021-06-08T04:00:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/08\/misr-life-ins-money-market-fund-almost-5x-oversubscribed\/\"},\"wordCount\":90,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"ALSO ON OUR RADAR\",\"asset management\",\"Banque Misr\",\"EnterpriseAM\",\"investment watch\",\"Misr Capital\",\"Misr Life Insurance\"],\"articleSection\":[\"Also on our Radar\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/08\/misr-life-ins-money-market-fund-almost-5x-oversubscribed\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/08\/misr-life-ins-money-market-fund-almost-5x-oversubscribed\/\",\"name\":\"Misr Life Ins. money market fund almost 5x oversubscribed - 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Company and Misr Capital have launched a EGP 100 mn money market fund that will invest in liquid assets such as treasury bills and short-term corporate debt, Masrawy reports. Subscription to the fund, dubbed \u201cMisr Life Ins. 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PLUS: Arab Contractors + CSCEC, Oriental Industrial Projects","author":"enterpriseam admin","date":"23 April 2025","format":false,"excerpt":"Its other backers include E-finance, CIB, Suez Canal Bank, Misr Life Ins., and Midbank","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1480.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":558503,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/15\/banque-misr-eyeing-green-bonds-ci-capital-misr-capital-integration\/","url_meta":{"origin":562842,"position":4},"title":"Banque Misr eyeing green bonds, CI Capital + Misr Capital integration?","author":"enterpriseam admin","date":"15 August 2021","format":false,"excerpt":"Banque Misr green bond issuance in the works? Banque Misr could soon be following the likes of CIB and the Finance Ministry by issuing its very own green bonds to investors, according to Al Mal. The state-owned bank is exploring the possibility of selling the climate-focused securities, Vice Chairman Akef\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/160.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":542913,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/24\/fawry-misr-capital-launch-menas-first-fintech-based-money-market-fund\/","url_meta":{"origin":562842,"position":5},"title":"Fawry + Misr Capital launch MENA\u2019s first fintech-based money market fund","author":"enterpriseam admin","date":"24 January 2022","format":false,"excerpt":"Fawry and Misr Capital are launching the MENA region\u2019s first fintech-based money market fund, Fawry Yawmy, Fawry announced in a press release(pdf) yesterday. 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