From Zawya Dow Jones: Australian investment manager Hyperion Asset Management has launched an Islamic equity fund that will initially target Middle East investors seeking to benefit from Australia’s economic growth potential.
“The fund will invest in listed Australian equities. We hope to have initial commitments in place by the end of October for the first close, which should be in excess of $40 million,” said Douglas Clark Johnson, chief executive officer at Codexa Capital, which consulted on fund structuring and marketing, and represents the product in selected markets……………………………………….Full Article: Source