Beltone Asset Management, a subsidiary of the Egyptian Exchange-listed Beltone Holding, plans to debut two new investment vehicles in May. These launches are part of a broader strategy to introduce five to six new funds by the end of 2026. Khalil El Bawab, Beltone’s Head of Local and Regional Markets, confirmed that the upcoming offerings will consist of a money market fund and a fixed-income fund featuring monthly distributions.
The move comes as investment funds gain significant momentum in Egypt, driven by investors seeking to hedge against high inflation through diversified assets. There has been a notable rise in interest for commodities and real estate; recently, Beltone partnered with Evolve Investment to launch its inaugural silver fund. Looking ahead to the second half of 2026, the company intends to launch a third fund focused on real estate, specifically targeting administrative offices and hotel units.
Through this expansion, Beltone aims to grow its assets under management to at least 50 billion Egyptian pounds ($948.9 million). This would represent a substantial increase from the EGP 39.2 billion reported at the end of 2025, as the firm positions itself to capture growing demand for alternative investment tools in the Egyptian market.
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