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CIMB-Principal Islamic targets RM200mln assets

Posted on 18 January 2012

CIMB-Principal Islamic Asset Management Sdn Bhd is targeting at least RM200mil in total assets under management for the three new Dublin-based undertakings for collective investment in transferable securities (UCITS) for Islamic funds by year-end, said its chief executive Datuk Noripah Kamso.
She said CIMB-Principal Islamic, as an investment manager and master distributor of the funds, would commence the management of the funds by next month. The three equity UCITS funds comprised of the Islamic Global Emerging Markets Fund, the Islamic Asia-Pacific ex-Japan Fund and the Islamic Asean Equity Fund………………………………………..Full Article: Source

 
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