30.12.2008 - Islamic asset manager outperforms faith-based peers
From Wealth-bulletin.com: The Amana Trust Income Fund, the main Muslim investment fund with $1.2bn (853m) in assets under management, has outperformed those from all other faiths in the US by losing just 25.8% of its value for the year, half the average 44% loss for US stock funds Nick Kaiser, manager for the two Amana funds, said that the firm saw an inflow of $40m last month alone, of which more than 50% came from non-Muslim investors..... Full Article: Source
Print