Beltone Financial hits EGP30 billion AUM, eyes New Funds

Egypt’s financial institution Beltone Financial Holding has realized total assets under management worth 30 billion Egyptian pounds (US$4.2 billion) by end of 2014, managing director Maged Shawky said.

Speaking to Amwal Al Ghad on Wednesday, Shawky announced that Beltone plans to boost the volume of its AUM within the current year by founding new equity and money market mutual funds.