Introduction to the topic: The topic we are approaching is Fund Management Companies; the job of those companies is to manage the funds or in simpler terms the money of the individuals or the corporations. They take the money and invest it through one of many different methods like buying shares in a promising company, for example. This is very simply what fund management companies do.What we did is that we chose a practical example for a fund management company operating in Egypt to see what they are really doing. We chose EFG-HERMES to be our example. Throughout the paper we will discuss the company and its different investments concentrating on fund management job.Executive SummaryIn this paper we are discussing fund management companies using EFG-Hermes as an example. The paper can be summarized in the following points :Introduction about EFG-Hermes in Egypt.The mission and the objective of EFG-Hermes Asset Management aims to be the leading investment manager for private and institutional portfolios in Egypt, the Middle East, and North Africa.The five divisions of EFG-Hermes are Investment banking which prepares companies for being listed; Securities brokerage which is for trading stocks; Private equity which is a service in which it invests its own money in emerging and not listed companies; fund management which is managing money of a group of people (like for a bank); and finally portfolio management which is managing funds for individuals or organizations.The investment strategy of the company is to provide investment management excellence to its clients which entails the identification of each client's return/risk and the desire of a suitable portfolio to match this profile, and the policies for investments serves this strategy also.IntroductionEFGThe Egyptian Financial Group (EFG) was established in 1980 as the first investment banking firm in Egypt. For more than 15 years it offered its clients a variety of services and was...
