| From Thestar.com.my: CIMB-Principal Islamic Asset Management Sdn Bhd (CPIAM) is targeting about US$100mil in sales for its Dublin domiciled collective investment in transferable securities (UCITS) III umbrella syariah funds by the end of next year.
UCITS are a set of European Union (EU) directives that aim to allow collective investment schemes to operate freely throughout the European Union on the basis of a single authorisation from one member state..............................................Full Article: Source
|