VOL. XLII

No. 07

15-February-1999

EGYPT

Baring Asset Management And CIB Form Joint Venture

Commercial International Bank (CIB) in Egypt has joined with Baring Asset Management (BAM) to form a joint venture portfolio management company called Commercial International Portfolio Management (CIPM). The new company will offer Egyptian investors an opportunity to invest both domestically and internationally in a number of different portfolios. Domestically, the portfolio will be managed by Commercial...