Wednesday, 25 November 2015
Last updated 6 hours ago
Nov 13 2008 | 12:24pm ET
Amiri Capital will launch a sharia hedge fund next year to tap into the increasing number of investors looking for for alternative Islamic investments.
Amiri, backed by activist investor Olivant, plans to bring its sharia hedge fund to the market in early 2009, after the collapse Lehman Brothers, which had been lined up to act as prime broker, forced it to delay the launch, The Guardian reports.
“There is a growing number of investors who needs that asset class, alternative investments,” said Amiri director Iqbal Asaria, in an interview. “They find themselves at a competitive disadvantage.”
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…