Evolve to launch gold fund for NBE’s subsidiary by end-May

Updated 4/22/2024 2:15:00 PM
Evolve to launch gold fund for NBE’s subsidiary by end-May

Arab Finance: Evolve Investment Holding is planning to launch a gold investment fund for a subsidiary of the National Bank of Egypt (NBE) by end-May, the firm’s CEO Sameh El Torgoman told Asharq Business.

He also added that the company targets launching the first silver investment fund in the second half (H2) of 2024.

In May 2023, Evolve Investment Holding launched Egypt's first gold fund in partnership with Azimut Egypt.

The company launched another fund named Beltone Evolve Gold Sabayek in January, in cooperation with Beltone Securities Holding.

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