The Evli Emerging Frontier Fund has acquired a stake of 5.65% in Sanam Real Estate Company. Evli, a leading Asset Management Company based in Finland managing approximately 18 billion euros, received the award for the Best Asset Management Company in Finland according to Kantar Prosperas survey. The fund also won the Lipper award for the Best Emerging Markets Equity Fund in Europe in 2023.
In response, Dr. Sulaiman Al Abduljader, Vice Chairman & CEO of Sanam Real Estate Company commented, "We are delighted to have the Evli Emerging Frontier Fund as one of the major shareholders of Sanam, known for their adherence to professional standards and commitment to the Principles of Responsible Investing."
