26.05.2009 - QIB affiliate EFH projects 34% return on sukuk fund
From Gulf-times.com: Qatar Islamic Bank (QIB) and its affiliate European Finance House (EFH), which has launched the $30mn open-ended Global Sukuk Plus fund, have projected 34% returns in the first three years. “The expected total return is 34% over the first three years of the fund, based on our projections of spreads returning to the average of the last five years,” Mark Watts, EFH head of asset management, told a private gathering on Sunday.......Full Article: Source
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