Beltone remained atop the companies for the fourth quarter in a row in a list of 19 companies. Beltone had a market share of 29.4% through managing 12 funds with assets totaling EGP 8.3bn, down from EGP 8.8bn in the fourth quarter of 2016, marking a decline of 5.66%. The National Fund Management Company (Al-Ahly) followed in close second, with a market share of 28.4% through managing six investment funds with assets amounting to EGP 8.06bh. The company registered a growth of 24.3% compared to the fourth quarter of last year. The company took a market share of 1.18%.

Source: Daily News Egypt May 22, 2017 08:03 UTC