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Newedge, Amiri Capital to launch Islamic hedge FoF

Posted on 10 March 2009

From Reuters: Amiri Capital, the Islamic asset manager backed by investment firm Olivant, said on Monday it has teamed up with broker Newedge to launch the first Islamic fund of long/short hedge funds marketed in the Middle East.

The partnership with Newedge — itself a joint venture between Calyon and Societe Generale - allows Amiri to launch the fund, which was put on hold when original partner Lehman Brothers filed for bankruptcy protection in September….. Full Article: Source

 
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