| Worldwide Shariah assets total an estimated $900 billion to $1 trillion, which is three times the size of China's mutual fund asset base. This market is projected to expand to $4 trillion to $5 trillion by 2015, according to figures released by Cerull.
The good news for asset managers is that this money currently has few places to go. However, Cerulli cautions that despite this heft, this marketplace doesn't always make sense for managers..............................................Full Article: Source |