Thursday, 2 October 2014
Last updated 15 hours ago
May 15 2007 | 11:38am ET
Global Investment House has launched the Global Islamic Fund of Funds, an open-ended vehicle investing in local and international Shariah-compliant funds.
The offering’s strategy is to invest the majority of its assets in a core of carefully selected Islamic funds that complement each other in risk and return, according to the firm. It will also invest in low risk instruments to reduce the overall volatility of the portfolio. Additionally, the fund may invest in all types of funds similar to equity, real estate, hedge funds and private equity funds compliant with the Islamic law.
Global has teamed up with AlRayah Consultancy to review and confirm that all the underlying managers comply with the Shariah.
The fund’s minimum subscription is US$25,000 with a monthly subscription frequency and quarterly redemptions after the lockup period.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...