Shariah-Compliant Sustainable and Responsible Investment Fund Launched by RHB Islamic International Asset Management
January 08, 2021
RHB i-Global Sustainable Disruptors Fund is the new and first sustainable and responsible investment fund launched by RHB Islamic International Asset Management (RHBIIAM), as stated on the 7th of January 2021.
The fund permits investments from customers in any country or region, including emerging markets, with the objective of providing investors with capital appreciation over the medium-to long-term. RHBIIAM targets assets under management of MYR 100 million for the fund within six months from the date of launch.
Farid Kamarudin, Chief Executive Officer of RHBIIAM, noted that the appointment of JPMorgan Asset Management (Singapore) as the fund investment advisor will allow for close monitoring of companies and investments, particularly with regards to environmental...