Fund gives access to China A-share market
Saudi and other GCC (Gulf Cooperation Council) investors who are interested in diversifying their investment portfolios to include opportunities in the emerging markets of East Asia, especially Mainland China, now have access to an innovative multicurrency open-ended Islamic wholesale fund which will invest exclusively in a select Shariah-compliant stock universe comprising some of the most sought-after companies in China. This follows the recent launch in Kuala Lumpur in the presence of Zarinah Anwar, chairman of the Securities Commission of Malaysia, the capital markets regulator, of a pioneering Islamic investment fund by HwangDBS Investment Management Berhad and Asian Islamic Investment Management Sdn. Bhd. (AIIMAN) that is aimed at giving investors direct access to the highly restricted and lucrative China A-share market. (more…)
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