RHB Adds Shariah Funds in Hong Kong Seeking Greater China Access
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A year after debuting an Islamic investment fund in Hong Kong, RHB Asset Management Sdn. plans two more as it seeks to develop awareness in the Chinese market.
The first of the new funds, which will target Shariah-compliant stocks and bonds, is due to start this month and the second by the end of September, Ho Seng Yee, chief executive officer of the Kuala Lumpur-based company, said in a May 8 e-mail interview. The existing RHB-OSK Islamic Regional Balanced Fund, which invests in Islamic equities and fixed income, has