Calls for Launching Metal Sector Funds

The Security and Exchange Organization of Iran says it has received requests for launching sector funds in recent months, some of which are expected to be licensed soon. 
"As per regulations, sector funds can be launched for petrochemical and metals sectors. We have received several applications for launching sector funds for the metals industry and will approve some in the near future," Ali Akbar Iranshahi, the head of SEO's center for supervising investment funds was quoted as saying by SENA. 
Iranshahi said that the SEO board is also contemplating establishment of sector funds for other segments of the economy.
Tehran Stock Exchange last month unveiled the first sector fund for the petrochemical industry to attract indirect investment.