29.06.2009 - Pharos launches first equity fund
From Tradearabia.com: Pharos Asset Management, the youngest of Pharos Holding for Financial Investments' subsidiaries, has launched its first Egypt-centric, equity fund; Pharos Fund I. This comes following recent changes in Capital Market Authority (CMA) regulations which have allowed financial services firms to create independent fund management companies; a privilege previously granted only to banks and insurance companies........Full Article: Source