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BLME launches High Yield Fund

Posted on 04 July 2011

The Bank of London and The Middle East (BLME), a UK-based wholesale bank, has launched its High Yield Fund. The fund, which will target institutional and high net worth investors in the GCC, is seeking to generate higher returns than those targeted by the company’s US Dollar Income Fund.

“The launch has been the natural progression of BLME’s Asset Management business developing from the success of our US Dollar Income Fund,” said Nigel Denison (pictured), executive director & head of markets, at BLME, in an interview with The Islamic Globe……………………………………….Full Article: Source

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