Two funds of Attijariwafa bank approved in West Africa

Lemag : FCP Attijari Horizon and FCP Attijari Liquidity, Two of the fund management company Attijari Asset Management have been approved on the West African financial market after a decision signed by the Regional Council for Public Savings and Financial Markets.

Attijari Horizon Fund will comprise at least 90% bonds while Attijari Liquidity Fund will be constituted at least by 70% of the monetary investments, as marketable debt and short-term bonds.

The moroccan bank has already announced on July 2012 the establishment of a Attijariwafa's subsidiary specializing in asset management in West Africa with the designation of Attijari Asset Management.

The establishment of Attijari Asset Management in Dakar facilitates the expansion of the bank on the continent which aims the most promising markets.

Source : https://www.marocafrik.com/english/Two-funds-of-At...