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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches, Investment

Qatar Islamic Malaysia unit plans $150 mln funds in Asia

Posted on 25 January 2010

From Businessweek.com: Abu Dhabi Investment Authority, one of the world’s largest sovereign wealth funds, raised investments in emerging markets where it sees greater growth opportunities, the fund’s managing director said in an interview with German newspaper Handelsblatt earlier this month.
Asian Finance began selling Shariah-compliant funds last year to add “value” to its main business of providing Islamic loans and other types of financing as they offer better yields, Azahari said. These funds will help the bank generate about 30 percent of its income from assets under management, he said………………..Full Article: Source

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