Cairo Financial Plans AUM Rise to EGP6.7 billion by 2014-end

By Yomna Yasser On May 21, 2014

Cairo Financial Holding targets by the end of this year increasing volume of assets under management (AUM) to EGP6.7 billion ($941,5 million), said CEO Ashraf Salman.

CFH Holding’s AUM currently stood at value of EGP 4.7 billion.

Speaking to Amwal Al Ghad in a recent interview, Salman said CFH Holding is also planning to manage new assets in addition to launch more services in the areas of portfolio management.

CFH has a diversity of AUM, through portfolio management and 4 mutual funds to leading local banks and institutional investors, he noted.