RHB Asset Management has launched a close-ended Shariah-compliant fund that invests into global Islamic fixed income instruments.

RHB Asset Management has launched a close-ended Shariah-compliant fund that invests into global Islamic fixed income instruments.
BlackRock has launched its Luxembourg-domiciled Asian Growth Leaders Fund to retail investors in Hong Kong.
Axa Investment Management has broadened the number of its funds which are available in Asia, registering a range in Singapore for the first time and making a further seven available to investors in Hong Kong.
Singapore is to introduce an overnight renminbi liquidity facility to meet the short-term financing needs of financial institutions trading in the Chinese currency.
Vietcombank Fund Management, which is part-owned by Franklin Templeton Investments, has launched its first open-ended equity scheme, investing in large-cap companies listed on the Vietnam stock exchange.
Andrew Mantel, the director of Pacific Sun Advisors, has lodged an appeal against his conviction for advertising a mutual fund to investors without regulatory permission in Hong Kong.
Nomura Asset Management has opened an office in the Dubai International Financial Centre, its first in the Middle East.
Less than half of Malaysian unit trust investors currently own Shariah funds while nearly two thirds say they are not confident about their understanding of Shariah-based investments.
Baring Asset Management is planning to launch a range of Hong Kong domiciled funds early next year, with a view to selling the range in China.
Malaysia has announced a raft of measures to strengthen its capital markets, including steps to facilitate the entrance of foreign firms to the local asset management industry.
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