Arab Finance: Beltone Financial Holding (BTFH) was awarded the best asset manager in Egypt by Euromoney International Global Investor Group for 2018 based on an assessment prepared by a group of senior arbitrators and experts.
Beltone is a leading asset management company in Egypt and the largest asset manager in Egypt with assets of approximately 32 billion Euros. The company for the first time introduced many products to the Egyptian market, including cash and index funds.
“This award marks the company's outstanding performance and ability to offer a range of Egyptian pound and dollar asset management products, including investments in local and regional stocks, funds and fixed income funds, and portfolios,” said Karim Naama, managing director Beltone Mutual Funds Management. Investments of all types.
In 2004, Beltone collaborated with Banque Misr to launch Egypt’s first cash flow fund, helping Egypt’s liquidity market and paving the way for the launch of 27 investment funds in Egypt. Beltone manages seven funds. Of these, six of them are listed as the most effective funds in the last 12 months.