October 2018 - Cairo , Egypt
Pharos Fund I, an open-ended equity fund run by Pharos Holding Group, has gained 11 standing points on the Egyptian Investment Management Association weekly ranking report. This advance in performance now places Pharos Equity Fund amongst the top 15 equity funds in terms of the year-to-date performance, whilst Pharos Fund has led the monthly rankings of all funds for two consecutive months (August & September 2018).
“Pharos Holding continuously analyses its strategies and processes to ensure solid investment decisions and strong performance across all of its operations to improve performance. The solid improvement in performance of the Pharos Fund I in 2018 is due to the relentless efforts of the new management team within our Asset Management division”, says Mr. Angus Blair, COO of Pharos Holding for Financial Investments.
Mr. Ahmed Al Ashi, Managing Director of Fixed Income, Pharos Asset Management adds that “Our stringent new investment strategies which we have put in place, aims to position our fund as the best performer of local equity funds, maximizing investment value whilst communicating more efficiently with our clients”
“Transparency and a systematic and a more disciplined investment approach are at the core of our investment decisions, which is reflected today in our new ranking on EIMA”, Mr. Al Ashi added.
Pharos Asset Management provides a range of unique financial solutions through innovative investment strategies that look at the specific investment needs and requirements of clients by applying the highest levels of scrutiny and analysis ensuring that customised investment policy design, asset allocation, portfolio construction, risk management and investment monitoring are all offered to our widening client base.
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