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Egypt’s Misr Asset Management (MAM), the investment bank arm of Misr Insurance Holding, says it has currently around 500 million Egyptian pounds ($27.6 million) in assets under management portfolio.
MAM is seeking to increase its AUM portfolio to record 1 billion pounds at the end of June 2018, Atef El Mahmoudy said in a recent interview with Amwal Al Ghad.
MAM has been established in May 2009 as a joint stock company fully owned by Misr Insurance Holding Company and its subsidiaries.