Naureen S Malik
Dubai Opens Its Shariah Hedge Fund to Investors
Thu, 2010-04-01 18:08 — newsdeskDubai is opening up its inaugural hedge fund to investors after an index-beating debut. The Middle East emirate's first fund of funds, which was launched at the beginning of 2009, beat comparable indexes by posting a 41% return last year. The fund, up slightly more than 1% through March 28, is still outperforming benchmarks this year.
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