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HwangIM taps into Islamic finance for new fund

Posted on 07 March 2013

Hwang Investment Management has launched he latest addition to their in-house managed, income series of funds, the Hwang AIIMAN Select Income Fund. The firm seeks to tap into the Shariah-compliant equity market, fast growing sukuk and Islamic money market instruments.
“HwangIM has been building up our offerings and performance track record in the income fund space since 2004, following the launch of our first Shariah income fund, Hwang AIIMAN Income Plus Fund. Since the 2008 global financial crisis (GFC), the demand for simpler, stable, income-type funds grew in prominence and it was obvious that investors were not keen on taking excessive risks………………………………………..Full Article: Source

 
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