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Islamic Finance Briefing - Categorized | Banking, Finance, Market Moves more

A winning formula

Posted on 25 September 2012

CIMB-Principal Asset Management Bhd (CIMB-Principal) signed a Letter of Arrangement and Operating Memorandum with RUSD Investment Bank Inc (RUSD) recently. Based in Labuan, RUSD will be creating two new funds, domiciled in Labuan, for distribution to their clients in the Middle East.
A breakthrough that has been in development for almost two years, the two newly set-up funds will feed into CIMB Islamic Asia Pacific Equity Fund and CIMB Islamic DALI Equity Growth Fund which are both Malaysian-based funds managed by CIMB-Principal………………………………………..Full Article: Source

 
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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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