The Clap
There’s hope for insurance and pension funds investment’s to increase liquidity in the EGX, which is why the FRA plans to amend the investment policy of these institutions, especially with regard to the EGX.
How
The FRA is considering implementing a rule that a minimum of 5% of the investments of insurance and pension funds is directed to the EGX and that the maximum amount exceeds 10%.
Why this Matters
The investments in insurance and pension funds are large and increasing. During H1 2022, the investments of private insurance funds reached EGP 9.4 billion, an increase of 51.7% YoY.
What Now
Analysts stressed that this is the ideal time to increase investment in stocks, especially after the recent price decline.
Insurance & Pension Funds 💰
