Dual mandate in Malaysia
Article Abstract:
Malaysian Islamic mutual funds are not permitted by Islamic syariah laws to invest in gaming or financial companies. Normally this law makes it challenging for investors to find smart investments, but last year's drop in technology sector stocks, though harmful for many, did not affect the Islamic funds as badly as other funds. An accompanying table lists the percentage performance of the mutual funds for six months, one year and three years.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
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Getting engaged to China
Article Abstract:
Invesco, in partnership with Penghua Fund Management, is developing the mutual fund industry in China as the country awaits membership to the World Trade Organization. Challenges include cultural differences, a history of scandals in China's mutual funds, and company cost controls.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
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Funds search out China experts as investor interest rises
Article Abstract:
In China, the only shares foreigners can purchase are Class B shares, made up of 113 companies, of which little is known. Investors see China as a long-term investment, but stress that it s a developing market and not high risk.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
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