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Islamic Finance Briefing - Categorized | Finance, Funds more

CIMB unit eyes US$100mln from Dublin funds

Posted on 14 December 2010

From Thestar.com.my: CIMB-Principal Islamic Asset Management Sdn Bhd (CPIAM) is targeting about US$100mil in sales for its Dublin domiciled collective investment in transferable securities (UCITS) III umbrella syariah funds by the end of next year.
UCITS are a set of European Union (EU) directives that aim to allow collective investment schemes to operate freely throughout the European Union on the basis of a single authorisation from one member state……………………………………….Full Article: Source

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