VOL. XLIII

No. 45

6-November-2000

EGYPT

Egyptian Mutual Funds Outperform Equities But Face Limited Diversity And Liquidity

Egyptian mutual funds have generally outperformed the local equity market through 1999 and 1H 2000 and continue to provide a more secure investment position, as well as a better return, for local market participants. But analysts and traders argue that even the funds are suffering as a result of poor domestic equity performance. This, coupled with a lack of expertise amongst...