{"id":652656,"date":"2017-01-16T04:03:09","date_gmt":"2017-01-16T04:03:09","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/16\/meet-the-best-and-worst-performing-funds-of-2016\/"},"modified":"2017-01-16T04:03:09","modified_gmt":"2017-01-16T04:03:09","slug":"meet-the-best-and-worst-performing-funds-of-2016","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/16\/meet-the-best-and-worst-performing-funds-of-2016\/","title":{"rendered":"Meet the best- and worst-performing funds of 2016"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>Meet the best- and worst-performing funds of 2016<\/strong>, per the <a href=\"https:\/\/www.ft.com\/content\/af68a358-d984-11e6-944b-e7eb37a6aa8e\">Financial Times<\/a> using data from Morningstar. Half of the top 20 losers were health or biotech equities funds, and the biggest losers were a sterling fund and another that made \u201cbig bets on a collapse in markets that did not pay off\u201d top the list. An emerging markets fund that lost almost 28% was the third-worst performer. At the head of the class: Funds investing in gold and natural resources, and <strong>\u201cfive of the top performing funds were Russian equity products.\u201d<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Meet the best- and worst-performing funds of 2016, per the Financial Times using data from Morningstar. Half of the top 20 losers were health or biotech equities funds, and the biggest losers were a sterling fund and another that made \u201cbig bets on a collapse in markets that did not pay off\u201d top the list. [&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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-652656","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"69e49f4e-3ee2-4537-9250-1a65cb944966","order":"0","is_powered_by":true,"section_story_id":"4329a630-ceb1-46cf-8741-1851b8145140","story_type":"1","photo_url":"","photo_position":"above","related_issue":[652636],"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>Meet the best- and worst-performing funds of 2016 - 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\/2017\/01\/16\/meet-the-best-and-worst-performing-funds-of-2016\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Meet the best- and worst-performing funds of 2016\" \/>\n<meta property=\"og:description\" content=\"Meet the best- and worst-performing funds of 2016, per the Financial Times using data from Morningstar. Half of the top 20 losers were health or biotech equities funds, and the biggest losers were a sterling fund and another that made \u201cbig bets on a collapse in markets that did not pay off\u201d top the list. 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In absolute terms, the EGX was up 74.1% (see graph, above, or download our XLSX and check for yourself). But in USD terms, we\u2019re the second-worst globally \u2014 behind Nigeria and just ahead of Ghana, Bloomberg reports.Keep things in\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\/2017\/1\/1274.png?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":593625,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/03\/uaes-beco-closes-second-vc-fund\/","url_meta":{"origin":652656,"position":1},"title":"UAE\u2019s Beco closes second VC fund","author":"enterpriseam admin","date":"3 October 2019","format":false,"excerpt":"STARTUP WATCH- UAE\u2019s Beco closes second VC fund: Beco Capital has closed its second startup fund at USD 100 mn, exceeding its initial USD 80 mn target, the Dubai-based venture capital firm said in a press release (pdf). Among those committing capital to the fund were Rimco Investment, the International\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":575637,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/21\/sovereign-fund-of-egypt-appoints-boards-of-4-new-sub-funds\/","url_meta":{"origin":652656,"position":2},"title":"Sovereign Fund of Egypt appoints boards of 4 new sub-funds","author":"enterpriseam admin","date":"21 October 2020","format":false,"excerpt":"The Sovereign Fund of Egypt (SFE) has appointed specialized boards for itsfoursub-funds, said Planning Minister Hala El Said, according to a cabinet statement. The five-member boards will advise on the fund\u2019s activities and asset management, and will serve renewable three-year terms.The General Assembly is expected to approve the sub-funds\u2019 financial\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":566390,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/16\/nbe-banque-misr-bdc-to-launch-egp-1-bn-fund-of-funds-targeting-smes\/","url_meta":{"origin":652656,"position":3},"title":"NBE, Banque Misr, BdC to launch EGP 1 bn fund of funds targeting SMEs","author":"enterpriseam admin","date":"16 June 2021","format":false,"excerpt":"A consortium of the National Bank of Egypt , Banque Misr and Banque du Caire are planning to launch a fund of funds with an initial assets under management of EGP 1 bn, an unnamed source at BdC told Enterprise, confirming an earlier statement by Deputy Chairman Yehia Abou El-Fotouh\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\/2021\/6\/509.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":598917,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/12\/cabinet-rolls-out-amendments-to-executive-regs-on-real-estate-funds\/","url_meta":{"origin":652656,"position":4},"title":"Cabinet rolls out amendments to executive regs on real estate funds","author":"enterpriseam admin","date":"12 June 2019","format":false,"excerpt":"REGULATION WATCH- Cabinet amends Capital Markets Act regs on real estate funds: Prime Minister Moustafa Madbouly has issued a decree amending the executive regulations of the Capital Markets Act governing real estate funds, Financial Regulatory Authority (FRA) boss Mohamed Omran said in a statement (pdf). 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