Malaysian global asset manager establishes first-in-class fund platform in Ireland

Ireland has conducted its first Malaysian-managed fund platform. The Central Bank of Ireland has approved the establishment of CIMB-Principal Islamic Asset Management (Ireland) Public Limited: a joint venture between Kuala Lumpur headquartered CIMB Group and Principal Global Investors.
The newly created joint venture will uphold a range of international Islamic funds on the platform from its Dublin domicile. Three equity UCITS are being registered: Islamic Global Emerging Markets Fund; Islamic Asia-Pacific ex-Japan Fund, and Islamic ASEAN Equity Fund.
Once registered the funds will be spread in the UK, Switzerland, Germany, Saudi Arabia, UAE, Bahrain and Singapore.

Islamic finance conference for Dublin

The Clarion Hotel, IFSC, Dublin will host on Monday 11 April 2011 a conference on Islamic finance opportunities for Ireland. There will be discussed domestic and global banking and corporate opportunities.
Chartered Institute of Management Accountants will organize the event that is programmed to start at 9.30am and end at 1.00pm.

Syndicate content